Ind. Code § 32-17.5-3-1

Current through P.L. 171-2024

Section 32-17.5-3-1 - Disclaiming power or interest in property

A person may disclaim, in whole or part, any interest in or power over property, including a power of appointment. A person may disclaim the interest or power even if the creator of the interest or power imposed:

(1) a spendthrift provision or similar restriction on transfer; or

(2) a restriction or limitation on the right to disclaim.

IC 32-17.5-3-1

As added by P.L. 5-2003, SEC.1.