2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633E - UNIFORM DISCLAIMER OF PROPERTY INTEREST ACT
633E.11 - DISCLAIMER OF POWER HELD IN FIDUCIARY CAPACITY.

        633E.11  DISCLAIMER OF POWER HELD IN FIDUCIARY
      CAPACITY.
         1.  If a fiduciary disclaims a power held in a fiduciary capacity
      which has not been exercised, the disclaimer takes effect as of the
      time the instrument creating the power becomes irrevocable.
         2.  If a fiduciary disclaims a power held in a fiduciary capacity
      which has been exercised, the disclaimer takes effect immediately
      after the last exercise of the power.
         3.  A disclaimer under this section is effective as to another
      fiduciary if the disclaimer so provides and the fiduciary disclaiming
      has the authority to bind the estate, trust, or other person for whom
      the fiduciary is acting.  
         Section History: Recent Form
         2004 Acts, ch 1015, §18
         C2005, §633.911
         2005 Acts, ch 38, §53
         CS2005, §633E.11
         Referred to in § 633E.5

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