Arizona § 14-10002 Definitions

Arizona Statutes

§ 14-10002 — Definitions

Arizona·Title 14 Arizona Revised Statutes·Ch. 10 UNIFORM DISCLAIMER OF PROPERTY INTERESTS ACT·Art. 1 General Provisions

In this chapter, unless the context otherwise requires:

1."Disclaimant" means the person to whom a disclaimed interest or power would have passed had the disclaimer not been made.

2."Disclaimed interest" means the interest that would have passed to the disclaimant had the disclaimer not been made.

3."Disclaimer" means the refusal to accept an interest in or power over property.

4."Fiduciary" means a personal representative, a trustee, an agent acting under a power of attorney or any other person who is authorized to act as a fiduciary with respect to the property of another person.

5."Jointly held property" means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entitle

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In this chapter, unless the context otherwise requires:

1. "Disclaimant" means the person to whom a disclaimed interest or power would have passed had the disclaimer not been made.

2. "Disclaimed interest" means the interest that would have passed to the disclaimant had the disclaimer not been made.

3. "Disclaimer" means the refusal to accept an interest in or power over property.

4. "Fiduciary" means a personal representative, a trustee, an agent acting under a power of attorney or any other person who is authorized to act as a fiduciary with respect to the property of another person.

5. "Jointly held property" means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entitled to the whole of the property.

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