Public-domain · open source
OpenJurist

Tex. Prop. Code § 240.006

POWER TO DISCLAIM BY PERSON OTHER THAN FIDUCIARY

Known as the Texas Uniform Disclaimer of Property Interests Act

The act spans §§ 240–240 (33 sections).

Added by Acts 2015, 84th Leg., R.S., Ch. 562 (H.B. 2428), Sec. 15, eff

(a) A person other than a fiduciary may disclaim, in whole or in part, any interest in or power over property, including a power of appointment.

(b) A person other than a fiduciary may disclaim an interest or power under this section even if the creator of the interest or power imposed a spendthrift provision or similar restriction on transfer or a restriction or limitation on the right to disclaim.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.