There Is a Newer Version of the Illinois Compiled Statutes
2005 Illinois Code - Chapter 760 Trusts and Fiduciaries 760 ILCS 25/ Disclaimer Under Nontestamentary Instrument Act.
(760 ILCS 25/0.01) (from Ch. 30, par. 210)
Sec. 0.01.
Short title.
This Act may be cited as the
Disclaimer Under Nontestamentary Instrument Act.
(Source: P.A. 86‑1324.)
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(760 ILCS 25/1) (from Ch. 30, par. 211)
Sec. 1.
Right to Disclaim Transfers Under Nontestamentary Instruments.
A grantee, donee, person succeeding to a disclaimed interest, beneficiary
under a nontestamentary instrument or contract or person designated to take
pursuant to a power of appointment exercised by a nontestamentary instrument
may disclaim in whole or in part the succession to any property, real or
personal, or interest therein by delivering or filing a written disclaimer
in the manner provided
in Section 2‑7 of the "Probate Act of 1975".
(Source: P.A. 83‑426.)
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