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2021 New Hampshire Revised Statutes
Title LVI - Probate Courts and Decedents' Estates
Title 563-B - Uniform Disclaimer of Property Interests Act
Section 563-B:9 - Disclaimer by Appointee, Object, or Taker in Default of Exercise of Power of Appointment.
Universal Citation: NH Rev Stat § 563-B:9 (2021)
563-B:9 Disclaimer by Appointee, Object, or Taker in Default of Exercise of Power of Appointment. –
(a) A disclaimer of an interest in property by an appointee of a power of appointment takes effect as of the time the instrument by which the holder exercises the power becomes irrevocable.
(b) A disclaimer of an interest in property by an object or taker in default of an exercise of a power of appointment takes effect as of the time the instrument creating the power becomes irrevocable.
(a) A disclaimer of an interest in property by an appointee of a power of appointment takes effect as of the time the instrument by which the holder exercises the power becomes irrevocable.
(b) A disclaimer of an interest in property by an object or taker in default of an exercise of a power of appointment takes effect as of the time the instrument creating the power becomes irrevocable.
Source. 2021, 206:2, Pt. VI, Sec. 10, eff. Aug. 10, 2021.
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