§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;
§42-5-4. Insurance Policies
Where the insured and the beneficiary in a policy of life or accident insurance have died and there is no sufficient evidence that they have died otherwise than simultaneously the proceeds of the policy shall be distributed as if the insured had survived the beneficiary.
§42-5-5. Article Not Retroactive
This article shall not apply to the distribution of the property of a person who has died before it takes effect.
§42-5-6. Article Does Not Apply if Decedent Provides Otherwise
This article shall not apply in the case of wills, living trusts, deeds, or contracts of insurance wherein provision has been made for distribution of property different from the provisions of this article.
§42-5-7. Uniformity of Interpretation
This article shall be so construed and interpreted as to effectuate its general purpose to make uniform the law in those states which enact it.