Disclaimer by appointee, object or taker in default of exercise of power of appointment.

Checkout our iOS App for a better way to browser and research.


(2) A disclaimer of an interest in property by a person who is an object of an exercise of a power of appointment, or by a person who is a taker in default of an exercise of a power of appointment, takes effect as of the time the instrument creating the power becomes irrevocable. [2001 c.245 §10]


Download our app to see the most-to-date content.