Effect of 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. 6. (a) A disclaimer of a power over property that is barred by this article is ineffective.
(b) A disclaimer of an interest in property that is barred by this article takes effect as a transfer of the interest disclaimed to the persons who would have taken the interest under this article had the disclaimer not been barred.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.