70-1-315. Interest as to time of enjoyment. In respect to the time of enjoyment, an interest in property is either:
     (1) present or future; and
     (2) perpetual or limited.

     History: En. Sec. 1109, Civ. C. 1895; re-en. Sec. 4442, Rev. C. 1907; re-en. Sec. 6684, R.C.M. 1921; Cal. Civ. C. Sec. 688; Field Civ. C. Sec. 180; re-en. Sec. 6684, R.C.M. 1935; R.C.M. 1947, 67-314.