Haw. Rev. Stat. § 526-10

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

Known as the Uniform Disclaimer of Property Interests Act

The act spans §§ 526–526 (16 sections).

L 2000, c 43, pt of §1

(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.

Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.