Illinois Statutes
§ 1325 — Disclaimer
Illinois·Topic RIGHTS AND REMEDIES·Ch. 760 TRUSTS AND FIDUCIARIES·Act 760 ILCS 3/ Illinois Trust Code.·Art. Article 13 - Uniform Powers of Appointment Law
As provided by Section 2-7 of the Probate Act of 1975:
(1)A powerholder may disclaim all or part of a power of appointment.
(2)A permissible appointee, appointee, or taker in default of appointment may disclaim all or part of an interest in appointive property.
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Legislative History
(Source: P.A. 101-48, eff. 1-1-20 .)
Nearby Sections
15
§ 1301
Article title§ 1302
Definitions§ 1303
Governing law§ 1305
Nontransferability§ 1308
Rules of classification§ 1309
Power to revoke or amend§ 1314
Permissible appointment