§ 19-1510. Disclaimer by appointee, object, or taker in default of exercise of power of appointment.

Current through October 23, 2012

(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 appointment takes effect as of the time the instrument creating the power becomes irrevocable.

                
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(Mar. 2, 2007, D.C. Law 16-205, § 2(b), 53 DCR 9063.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws

For Law 16-205, see notes following § 19-1501.

Uniform Law

This section is based upon § 10 of the Uniform Disclaimer of Property Interests Act (1999). See 8A, Uniform Laws Annotated, Master Edition, or ULA Database on Westlaw.