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Terms Used In Indiana Code 34-14-1-14

  • 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.
   Sec. 14. The several sections and provisions of this chapter except sections 1 and 2, are hereby declared independent and severable, and the invalidity, if any, of any part or feature thereof shall not affect or render the remainder of the chapter invalid or inoperative.

[Pre-1998 Recodification Citation: 34-4-10-14.]

As added by P.L.1-1998, SEC.9.