(1) Subject to the "Uniform Disclaimer of Property Interests Act", part 12 of article 11 of this title:
A powerholder may disclaim all or part of a power of appointment; and
A permissible appointee, appointee, or taker in default of appointment may disclaimall or part of an interest in appointive property.
Source: L. 2014: Entire article added, (HB 14-1353), ch. 209, p. 780, § 1, effective July 1, 2015.