Arizona Statutes
§ 14-10010 — Disclaimer by appointee, object or taker in default of exercise of power of appointment
Arizona·Title 14 Arizona Revised Statutes·Ch. 10 UNIFORM DISCLAIMER OF PROPERTY INTERESTS ACT·Art. 1 General Provisions
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.
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Nearby Sections
15
§ 14-10001
Short title§ 14-10002
Definitions§ 14-10003
Scope of chapter§ 14-10004
Chapter supplemented by other law§ 14-10008
Disclaimer of interest by trustee§ 14-10012
Delivery or filing; definition§ 14-10013
When disclaimer barred or limited§ 14-10014
Tax qualified disclaimer§ 14-10015
Recording of disclaimer