Sec. 2909.
(1) A disclaimer, or a written waiver of the right to disclaim, is binding upon the disclaimant or person waiving the right to disclaim, and all persons claiming through or under him or her.
(2) A disclaimer acts as a nonacceptance of the disclaimed interest, rather than as a transfer of the disclaimed interest. The disclaimant is treated as never having received the disclaimed interest.
History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
Structure Michigan Compiled Laws
Chapter 700 - Estates and Protected Individuals Code
Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)
Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)
386-1998-II-9 - Part 9 Disclaimers (700.2901...700.2912)
Section 700.2901 - Short Title of Part; Definitions.
Section 700.2902 - Right to Disclaim; Partial Disclaimers; Limitation on Right to Disclaim.
Section 700.2903 - Contents; Signature.
Section 700.2904 - Delivery; Timing; Appropriate Persons.
Section 700.2906 - Manner of Delivery; Filing With Court.
Section 700.2907 - Disposition of Disclaimed Interest; Effect on Future Interest.
Section 700.2908 - Disposition of Disclaimed Joint Interest, Trust Interest, and Fiduciary Power.
Section 700.2909 - Persons Bound; Effect of Disclaimer.
Section 700.2910 - Barring Right to Disclaim.