150                                              LAWS OF MARYLAND                              [Ch. 11

IN THE PLAN.

(D) TRUST FOR CHARITABLE PURPOSES.

A TRUST FOR CHARITABLE PURPOSES, WHICH SHALL INCLUDE
ALL PURPOSES AS ARE WITHIN THE SPIRIT OR LETTER OF THE
STATUTE OF 43 ELIZABETH CH. 4 (1601), COMMONLY KNOWN AS
THE STATUTE OF CHARITABLE USES.

REVISOR'S NOTE: This section presently appears as
Art. 93, §11-102. The only changes are in
style.

[[11-103. LIMITATIONS ON APPLICATION.]]

11-103. RULE AGAINST PERPETUITIES - LIMITATIONS ON

(A) IN APPLYING THE RULE AGAINST PERPETUITIES TO AN
INTEREST LIMITED TO TAKE EFFECT AT OR AFTER THE
TERMINATION OF ONE OR MORE LIFE ESTATES IN, OR LIVES OF,
PERSONS IN BEING WHEN THE PERIOD OF THE RULE COMMENCES TO
RUN, THE VALIDITY OF THE INTEREST SHALL BE DETERMINED ON
THE BASIS OF FACTS EXISTING AT THE TERMINATION OF ONE OR
MORE LIFE ESTATES OR LIVES. IN THIS SECTION AN INTEREST
WHICH MUST TERMINATE NOT LATER THAN THE DEATH OF ONE OR
MORE PERSONS IS A "LIFE ESTATE" EVEN THOUGH IT MAY
TERMINATE AT AN EARLIER DATE.

(B) IF AN INTEREST WOULD VIOLATE THE RULE AGAINST
PERPETUITIES AS MODIFIED BY SUBSECTION (A) BECAUSE THE
INTEREST IS CONTINGENT UPON ANY PERSON ATTAINING OR
FAILING TO ATTAIN AN AGE IN EXCESS OF 21, THE AGE
CONTINGENCY SHALL BE REDUCED TO 21 AS TO ALL PERSONS
SUBJECT TO THE SAME AGE CONTINGENCY.

(C) THIS SECTION SHALL APPLY TO BOTH LEGAL AND
EQUITABLE INTERESTS.

REVISOR'S NOTE: This section presently appears as
Art. 93, §11—103. The only changes are in
style.

11-104. RULE IN [[SHELLY'S]] SHELLEY'S CASE ABOLISHED.

WHENEVER BY ANY FORM OF WORDS IN ANY WILL OR INTER
VIVOS CONVEYANCE, A REMAINDER IS LIMITED, MEDIATELY OR
IMMEDIATELY, TO THE HEIRS OR HEIRS OF THE BODY OF A
PERSON TO WHOM A LIFE ESTATE IN THE SAME SUBJECT MATTER
IS GIVEN, THE PERSONS WHO ON THE TERMINATION OF THE LIFE
ESTATE ARE THEN THE HEIRS OR HEIRS OF THE BODY OF THE
TENANT FOR LIFE, TAKE AS PURCHASERS BY VIRTUE OF THE
CONTINGENT REMAINDER LIMITED TO THEM.

REVISOR'S NOTE: This section presently appears as

APPLICATION.