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Remainder subject to open

Term · Law · MLC-T-LAW-004215

A vested remainder held by a class of persons, where the class is not yet closed and additional members may join. Each existing member's share is subject to partial divestment as new members are added. For example, 'to A for life, then to B's children'.

Table 1. Record
IdentifierMLC-T-LAW-004215
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004215",
  "term": "Remainder subject to open",
  "field": "Law",
  "definition": "A vested remainder held by a class of persons, where the class is not yet closed and additional members may join. Each existing member's share is subject to partial divestment as new members are added. For example, 'to A for life, then to B's children'.",
  "url": "https://mlchart.com/terminology/law/remainder-subject-to-open/"
}

Record 4,277 of 5,445 in Law terminology (MLC-0107). Request the full dataset.