Oregon § 105.639 Disclaimer by appointee, object or taker in default of exercise of power of appointment

Oregon Statutes

§ 105.639 — Disclaimer by appointee, object or taker in default of exercise of power of appointment

Oregon § 105.639

Vol.3

Title 10Property Rights and Transactions

Ch. 105Property Rights

This text of Oregon § 105.639 (Disclaimer by appointee, object or taker in default of exercise of power of appointment) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 105.639 (2026).

Text

(1)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.

(2)A disclaimer of an interest in property by a person who is an object of an exercise of a power of appointment, or by a person who is a taker in default of an exercise of a power of appointment, takes effect as of the time the instrument creating the power becomes irrevocable.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) 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.
(2) A disclaimer of an interest in property by a person who is an object of an exercise of a power of appointment, or by a person who is a taker in default of an exercise of a power of appointment, takes effect as of the time the instrument creating the power becomes irrevocable.