Section 41-6.5 - Common-law rule against perpetuities abolished(a) The rule of the common law known as the rule against perpetuities is abolished.(b) Article 2 of this Chapter sets out the Uniform Statutory Rule Against Perpetuities.(c) This section applies to a property interest or a power of appointment created on or after October 1, 1995. This section clarifies the intent of the General Assembly to abolish the common-law rule against perpetuities when it enacted Chapter 190 of the 1995 Session Laws, which enacted the Uniform Statutory Rule Against Perpetuities.Added by 2022 N.C. Sess. Laws 64,s. 3-a, eff. 7/8/2022.