31D-4-401. Disclaimer.
Consistent with Chapter 31B of the General Statutes:
(1) A power holder may disclaim all or part of a power of appointment.
(2) A permissible appointee, appointee, or taker in default of appointment may disclaim all or part of an interest in appointive property. (2015-205, s. 3(a).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 31D - North Carolina Uniform Powers of Appointment Act
Article 4 - Disclaimer or Release; Contract to Appoint or Not to Appoint.
§ 31D-4-402 - Authority to release.
§ 31D-4-403 - Method of release.
§ 31D-4-403.1 - Necessity for actual notice of release or limitation to bind fiduciary.
§ 31D-4-404 - Revocation or amendment of release.
§ 31D-4-405 - Power to contract; presently exercisable power of appointment.
§ 31D-4-406 - Power to contract; power of appointment not presently exercisable.
§ 31D-4-407 - Remedy for breach of contract to appoint or not to appoint.