Home Table of Contents

§ 9-207. Disclaimer by appointee or by object or taker in default of exercise of power of appoi...

West's Annotated Code of MarylandEstates and Trusts

West's Annotated Code of Maryland
Estates and Trusts (Refs & Annos)
Title 9. Special Provisions Relating to Distribution (Refs & Annos)
Subtitle 2. Maryland Uniform Disclaimer of Property Interests Act (Refs & Annos)
MD Code, Estates and Trusts, § 9-207
§ 9-207. Disclaimer by appointee or by object or taker in default of exercise of power of appointment
Currentness
Time disclaimer of interest in property by appointee of power of appointment takes effect
(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.
Time disclaimer of interest in property by object or taker in default of exercise of power of appointment takes effect
(b) A disclaimer of an interest in property by an object or taker in default of an exercise of power of appointment takes effect as of the time the instrument creating the power becomes irrevocable.

Credits

Added by Acts 2004, c. 465, § 2, eff. Oct. 1, 2004.
MD Code, Estates and Trusts, § 9-207, MD EST & TRST § 9-207
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document