12.Condition making interest determinable on insolvency or attempted alienation
II Of Transfers of Property by Acts of PartiesVerified
Where property is transferred subject to a or limitation any therein, reserved or given to or for the benefit of any person, to cease on his becoming insolvent or endeavouring to transfer or dispose of the same, such or limitation is void.
Nothing in this section applies to a in a lease for the benefit of the lessor or those claiming under him.