§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;
§42-5-8. Short Title
This article may be cited as the Uniform Simultaneous Death Act.
§42-5-9. Repeal of Inconsistent Laws
All laws or parts of laws inconsistent with the provisions of this article are hereby repealed.
§42-5-10. Severability
If any of the provisions of this article or the application thereof to any persons or circumstances is held invalid such invalidity shall not affect other provisions or applications of the article which can be given effect without the invalid provisions or application, and to this end the provisions of this article are declared to […]
§42-6-1. Short Title
This article may be cited as the "Uniform Disclaimer of Property Interests Act".