2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633E - UNIFORM DISCLAIMER OF PROPERTY INTEREST ACT
633E.9 - DISCLAIMER OF POWER OF APPOINTMENT OR OTHER POWER NOT HELD IN FIDUCIARY CAPACITY.

        633E.9  DISCLAIMER OF POWER OF APPOINTMENT OR OTHER
      POWER NOT HELD IN FIDUCIARY CAPACITY.
         If a holder disclaims a power of appointment or other power not
      held in a fiduciary capacity, the following rules shall apply:
         1.  If the holder has not exercised the power, the disclaimer
      takes effect as of the time the instrument creating the power becomes
      irrevocable.
         2.  If the holder has exercised the power and the disclaimer is of
      a power other than a presently exercisable general power of
      appointment, the disclaimer takes effect immediately after the last
      exercise of the power.
         3.  The instrument creating the power is construed as if the power
      expired when the disclaimer became effective.  

         2004 Acts, ch 1015, §16
         C2005, §633.909
         2005 Acts, ch 38, §53
         CS2005, §633E.9
         Referred to in § 633E.5