Sec. 6. (a) A disclaimer of a power over property that is barred by this article is ineffective.
(b) A disclaimer of an interest in property that is barred by this article takes effect as a transfer of the interest disclaimed to the persons who would have taken the interest under this article had the disclaimer not been barred.
As added by P.L.5-2003, SEC.1.
Structure Indiana Code
Article 17.5. Uniform Disclaimer of Property Interests Act
Chapter 8. Limitation or Bar of Disclaimer
32-17.5-8-2. Events Barring Disclaimer
32-17.5-8-2.5. Disclaimer Barred in Amount of Child Support Arrearage
32-17.5-8-3. Power Held in Fiduciary Capacity