§42-6-8. 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.
§42-6-9. Disclaimer of Power of Appointment or Other Power Not Held in Fiduciary Capacity
If a holder disclaims a power of appointment or other power not held in a fiduciary capacity, the following rules apply: (1) If the holder has not exercised the power, the disclaimer takes effect as of the time the instrument creating the power becomes irrevocable.
§42-6-10. Disclaimer by Appointee, Object or Taker in Default of Exercise of Power of Appointment
(a) 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. (b) A disclaimer of an interest in property by an object or taker in default of an exercise of a power of […]
§42-6-11. Disclaimer of Power Held in Fiduciary Capacity
(a) If a fiduciary disclaims a power held in a fiduciary capacity which has not been exercised, the disclaimer takes effect as of the time the instrument creating the power becomes irrevocable. (b) If a fiduciary disclaims a power held in a fiduciary capacity which has been exercised, the disclaimer takes effect immediately after the […]
§42-6-12. Delivery of Disclaimer
(a) In this section, "beneficiary designation" means an instrument, other than an instrument creating a trust, naming the beneficiary of: (1) An annuity or insurance policy;
§42-6-13. When Disclaimer Barred or Limited
(a) A disclaimer is barred by a written waiver of the right to disclaim. (b) A disclaimer of an interest in property is barred if any of the following events occur before the disclaimer becomes effective: (1) The disclaimant accepts the interest sought to be disclaimed;
§42-6-1. Short Title
This article may be cited as the "Uniform Disclaimer of Property Interests Act".
§42-6-2. Definitions
In this article: (1) "Disclaimant" means the person to whom a disclaimed interest or power would have passed had the disclaimer not been made.
§42-6-3. Scope
This article applies to disclaimers of any interest in or power over property whenever created.