Sec. 3. A person may not commence an action for recovery of any part of real property after June 30, 1994, based on a possibility of reverter or right of entry for a breach of a condition subsequent if:

(1) the breach of the condition occurred before July 1, 1993; and

(2) the possibility of reverter or right of entry was created before July 1, 1963.

[Pre-2002 Recodification Citation: 32-1-21-3.]

As added by P.L.2-2002, SEC.2.