Virginia Code 64.2-633: Disclaimer.
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A beneficiary may disclaim all or part of the beneficiary‘s interest as provided by Chapter 26 (§ 64.2-2600 et seq.).
Terms Used In Virginia Code 64.2-633
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Beneficiary: means a person that receives property under a transfer on death deed. See Virginia Code 64.2-621
2013, c. 390.