(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 an object or taker in default of an exercise of power of appointment takes effect as of the time the instrument creating the power becomes irrevocable.
Structure Maryland Statutes
Title 9 - Special Provisions Relating to Distribution
Subtitle 2 - Maryland Uniform Disclaimer of Property Interests Act
Section 9-202 - Disclaimer in General
Section 9-203 - Effect of Disclaimer
Section 9-205 - Disclaimer by Trustees
Section 9-206 - Holder Disclaiming Power of Appointment or Other Non-Fiduciary Power
Section 9-207 - Disclaimer by Appointee of Power of Appointment or by Object or Taker in Default
Section 9-208 - Fiduciaries -- Time of Taking Effect; Effectiveness as to Other Fiduciaries
Section 9-209 - Delivery and Effectiveness
Section 9-211 - Effect of Federal Laws and Regulations
Section 9-212 - Filing, Recording, Registering
Section 9-213 - Unexercised Disclaimers Under Former Provisions