Tennessee Statutes

§ 31-7-110 — Disclaimer by appointee, object, or taker in default of exercise of power of appointment

Tennessee·Title 31
(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 a permissible appointee 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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Tennessee § 31-7-110 (Disclaimer by appointee, object, or taker in default of exercise of power of appointment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by 2019 Tenn. Acts, ch. 340,s 2, eff. 5/10/2019.

Nearby Sections

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