The general statutory restrictions on accumulations1 do not extend to any provision for raising portions for any child, children or remoter issue of any grantor, settlor or testator, or any child, children or remoter issue of a person taking any interest under any settlement2 or other disposition3 directing the accumulations or to whom any interest is thereby limited4.
A portion for this purpose includes a sum of money secured to a child or class of children out of property springing from or settled on their parent
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