Sec. 12. ARTICLE XII—Validity.

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Terms Used In Indiana Code 10-14-5-12

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
     This compact shall be construed to effectuate the purposes stated in Article I. If any provision of this compact is declared unconstitutional, or if the applicability of this compact to any person or circumstances is held invalid, the constitutionality of the remainder of this compact and the applicability of this compact to other persons and circumstances shall not be affected.

[Pre-2003 Recodification Citation: 10-4-2.5-12.]

As added by P.L.2-2003, SEC.5.

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