Section 35-4-211

Section 35-4-211Vested or contingent remainders generally.

Remainders are either vested or contingent. A vested remainder is one limited to a certain person at a certain time or upon the happening of a necessary event. A contingent remainder is one limited to an uncertain person or upon an event which may or may not happen.

(Code 1907, §3401; Code 1923, §6905; Code 1940, T. 47, §140.)