§ 31-7-104. Disclaimer Act Supplement by Other Law
Unless displaced by this chapter, the principles of law and equity supplement this chapter. This chapter does not limit any right of a person to waive, release, disclaim, or renounce an interest in or power over property under a law other than this chapter.
§ 31-7-105. Power to Disclaim — General Requirements — When Irrevocable
A person may disclaim, in whole or part, any interest in or power over property, including a power of appointment. A person may disclaim the interest or power even if its creator imposed a spendthrift provision or similar restriction on transfer or a restriction or limitation on the right to disclaim. Except to the extent […]
§ 31-7-106. Disclaimer of Interests in Property
As used in this section: “Future interest” means an interest that takes effect in possession or enjoyment, if at all, later than the time of its creation; and “Time of distribution” means the time when a disclaimed interest would have taken effect in possession or enjoyment. Except for a disclaimer governed by § 31-7-107 or […]
§ 31-7-107. Disclaimer of Rights of Survivorship in Jointly Held Property
Upon the death of a holder of jointly held property, a surviving holder may disclaim, in whole or part, the greater of: A fractional share of the property determined by dividing the number one (1) by the number of joint holders alive immediately before the death of the holder to whose death the disclaimer relates; […]
§ 31-7-108. Disclaimer of Interest by Trustee
If a trustee disclaims an interest in property that otherwise would have become trust property, the interest does not become trust property.
§ 31-7-109. Disclaimer of Power of Appointment Not Held in a Fiduciary Capacity or Other Power Not Held in a Fiduciary Capacity
If a holder disclaims a power of appointment not held in a fiduciary capacity or other power not held in a fiduciary capacity, the following rules apply: If the holder has not exercised the power, the disclaimer takes effect as of the time the instrument creating the power becomes irrevocable; If the holder has exercised […]
§ 31-7-110. Disclaimer by Appointee, Object, or Taker in Default of Exercise of Power of Appointment
A disclaimer of an interest in property by an appointee of a power of appointment takes effect as of the time the instrument by which the holder exercises the power becomes irrevocable. A disclaimer of an interest in property by a permissible appointee or taker in default of an exercise of a power of appointment […]
§ 31-6-119. Claims for Property of Decedent
Any person claiming to be entitled to the property of any decedent may file a claim thereto with the treasurer in accordance with title 66, chapter 29, part 1, governing the disposition of unclaimed property.
§ 31-6-120. Rules and Regulations
The treasurer is authorized to make necessary rules and regulations to carry out this chapter.
§ 31-6-121. Excepted Property
This chapter shall not apply to any property that has been presumed abandoned or has escheated under the laws of another state prior to January 1, 1980.