Section 240.009 - Power to Disclaim; General Requirements; When Irrevocable(a) To be effective, a disclaimer must:(2) declare the disclaimer;(3) describe the interest or power disclaimed;(4) be signed by the person making the disclaimer; and(5) be delivered or filed in the manner provided by Subchapter C.(b) A partial disclaimer may be expressed as a fraction, percentage, monetary amount, term of years, limitation of a power, or any other interest or estate in the property.(c) A disclaimer is irrevocable on the later of the date the disclaimer:(1) is delivered or filed under Subchapter C; or(2) takes effect as provided in Sections 240.051-240.056.(d) A disclaimer made under this chapter is not a transfer, assignment, or release.(e) A disclaimer of an interest in property made by an individual must contain a statement under penalty of perjury regarding whether the disclaimant is a child support obligor whose disclaimer is barred under Section 240.151(g). An individual's failure to include the statement does not invalidate a disclaimer if the disclaimer is not barred under Section 240.151(g).Tex. Prop. Code § 240.009
Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 552,Sec. 11, eff. 9/1/2021.Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 562,Sec. 15, eff. 9/1/2015.