Future interest definition

Future interest means an interest that takes effect in possession or enjoyment, if at all, later than the time of its creation.

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Future interest means an interest that takes effect in possession or enjoyment, if at all, later than the time of its creation. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

Future interest means an interest that takes effect in possession or enjoyment,

Examples of Future interest in a sentence

Future interest ▇▇▇▇▇▇ ' fit' 6 per cent.” Siw h; The plaintiffs appealed from the decree of the aii.
Future interest income continues to be accrued based on the reduced carrying amount of the asset, using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss.
Future interest credits should be based on the applicable plan's provisions to determine Analog's obligation to the participant.
Future interest rate pricing is to be based upon trailing twelve month EBITDA to be determined quarterly upon receipt by Bank of quarterly management-prepared financial statements and fiscal year-end audited financial statements.
Patients whose income ranges between 401 to 600 percent of the FPL also qualify for discounted care.

More Definitions of Future interest

Future interest means an alternative future interest or a future interest in the form of a class gift.

Future interest means an interest that takes effect in possession or enjoyment, if at all, after the time of its creation.

Future interest means an estate in reversion or remainder or other vested or contingent interest in property which is yet to entitle immediate possession of the property;

Future interest means an interest that takes

Future interest means any interest in real property that becomes effective at a future date as permitted under the Real Property Regulations 2015;

Future interest means an interest that takes effect in

Future interest means any interest in real property that becomes effective at a future date as permitted under the Real Property Regulations 2024 and the Registration of Future Interests in Real Property Regulations 2024;