Amendment status not verified — confirm the current text below against the official source.
Transfer to class some of whom come under sections 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 11[in regard to those persons only and not in regard to the whole class]. 10 subs. by Act 20 of 1929, sec. 8, for the original paragraph. 11 Subs. by Act 20 of 1929, sec. 9, for “as regards the whole class”. 8 12[16. Transfer to take effect on failure of prior interest Where, by reason of any of the rules contained in sections 13 and 14, an interest created for the benefit of a person or of a class of persons fails in regard to such person or the whole of such class, any interest created in the same transaction and intended to take effect after or upon failure of such prior interest also fails.