Indiana Code 32-17.5-3-1. Disclaiming power or interest in property
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Sec. 1. A person may disclaim, in whole or part, any interest in or power over property, including a power of appointment. A person may disclaim the interest or power even if the creator of the interest or power imposed:
(2) a restriction or limitation on the right to disclaim.
(1) a spendthrift provision or similar restriction on transfer; or
Terms Used In Indiana Code 32-17.5-3-1
- Property: includes personal and real property. See Indiana Code 1-1-4-5
As added by P.L.5-2003, SEC.1.