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Ind. Code § 32-17.5-8-2

Events barring disclaimer

Known as the Uniform Disclaimer of Property Interests Act

The act spans §§ 32-17.5-10-1 to 32-17.5-9-1 (49 sections).

As added by P.L.5-2003, SEC.1.

Sec. 2. A disclaimer of an interest in property is barred if any of the following events occur before the disclaimer becomes effective:

(1) The disclaimant accepts the interest sought to be disclaimed.

(2) The disclaimant voluntarily:

(A) assigns, conveys, encumbers, pledges, or transfers the interest sought to be disclaimed; or

(B) contracts to take an action described in clause (A).

(3) A judicial sale of the interest sought to be disclaimed occurs.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.