2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 62 - Disclaimers
6201 - Right to disclaim.


                                CHAPTER 62
                               DISCLAIMERS

     Sec.
     6201.  Right to disclaim.
     6202.  Disclaimers by fiduciaries or agents.
     6203.  Interests subject to disclaimer.
     6204.  Filing, delivery and recording.
     6205.  Effect of disclaimer.
     6206.  Bar to disclaimer.
     6207.  Other statutes.

        Enactment.  Chapter 62 was added July 9, 1976, P.L.562,
     No.136, effective immediately.
        Applicability.  Section 3 of Act 136 of 1976 provided that
     Chapter 62 shall apply to any disclaimer hereafter made of any
     interest that would have devolved by reason of a transfer or
     death whether before or after the effective date of Act 136.
        Cross References.  Chapter 62 is referred to in sections
     5318, 5603, 6103 of this title.
     § 6201.  Right to disclaim.
        A person to whom an interest in property would have devolved
     by whatever means, including a beneficiary under a will, an
     appointee under the exercise of a power of appointment, a person
     entitled to take by intestacy, a joint tenant with right of
     survivorship, a donee of an inter vivos transfer, a donee under
     a third-party beneficiary contract (including beneficiaries of
     life insurance and annuity policies and pension, profit-sharing
     and other employee benefit plans), and a person entitled to a
     disclaimed interest, may disclaim it in whole or in part by a
     written disclaimer which shall:
            (1)  describe the interest disclaimed;
            (2)  declare the disclaimer and extent thereof; and
            (3)  be signed by the disclaimant.
     The right to disclaim shall exist notwithstanding any limitation
     on the interest in the nature of a spendthrift provision or
     similar restriction.
     (Oct. 12, 1984, P.L.929, No.182, eff. imd.; Dec. 1, 1994,
     P.L.655, No.102, eff. 60 days)

        1994 Amendment.  Section 10 of Act 102 provided that the
     amendment of section 6201 shall apply to joint tenancies with a
     right of survivorship created before, on or after the effective
     date of Act 102.

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