C.R.S. § 15-11-1210 Disclaimer By Appointee, Object, Or Taker In Default of Exercise of Power of Appointment

LibraryColorado Statutes
Edition2023
CurrencyCurrent through the 2023 Legislative Session and through Chapter 7 of the 2023 1st Extraordinary Session
Year2023
CitationC.R.S. § 15-11-1210

(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 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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