Chapter II — OF TRANSFERS OF PROPERTY BY ACT OF PARTIES

Section 15Transfer to class some of whom come under sect ions 13 and 14

Section 15: Transfer to class some of whom come under sect ions 13 and 14

15. Transfer to class some of whom come under sect ions 13 and 14

If, on a transfer of property, an interest therein is created for the benefit of a class of persons with regard to some of whom such interest fails by reason of any of the rules contained in sections 13 and 14; such interest fails [in regard to those persons only and not in regard to the whole class.]

Amendment notes (1)
  1. Subs . Subs. by Act 20 of 1929, s. 9, for "as regards the whole class".