California Codes > Probate Code > Division 11 > Part 2 > Chapter 1 > Article 2 – Statutory Rule Against Perpetuities
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Terms Used In California Codes > Probate Code > Division 11 > Part 2 > Chapter 1 > Article 2 - Statutory Rule Against Perpetuities
- Child: means any individual entitled to take as a child under this code by intestate succession from the parent whose relationship is involved. See California Probate Code 26
- Director: means "State Director of Health Services. See California Health and Safety Code 21
- Instrument: means a will, a document establishing or modifying a trust, a deed, or any other writing that designates a beneficiary or makes a donative transfer of property. See California Probate Code 45
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
- Property: means anything that may be the subject of ownership and includes both real and personal property and any interest therein. See California Probate Code 62
- State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23
- Trust: includes the following:
California Probate Code 82
- Will: includes codicil and any testamentary instrument which merely appoints an executor or revokes or revises another will. See California Probate Code 88