TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

CHAPTER 7. UNIFORM POWERS OF APPOINTMENT ACT

Part 4. Disclaimer on Release -- Contract to Appoint or Not to Appoint

Disclaimer

72-7-401. Disclaimer. As provided by 72-2-811:

(1) a powerholder may disclaim all or part of a power of appointment; and

(2) a permissible appointee, appointee, or taker in default of appointment may disclaim all or part of an interest in appointive property.

History: En. Sec. 25, Ch. 293, L. 2015.