Current with changes from the 2024 Legislative Session
Section 9-210 - When barred(a) A disclaimer is barred by a written waiver of the right to disclaim.(b) A disclaimer of an interest in property is barred if any of the following occurs before the disclaimer becomes effective:(1) The disclaimant accepts the interest sought to be disclaimed;(2) The disclaimant voluntarily assigns, conveys, encumbers, pledges, or transfers the interest sought to be disclaimed or contracts to do so; or(3) A judicial sale of the interest sought to be disclaimed occurs.(c) A disclaimer in whole or in part of the future exercise of a power held in a fiduciary capacity is not barred by its previous exercise.(d) A disclaimer in whole or in part of the future exercise of power not held in a fiduciary capacity is not barred by its previous exercise unless the power is exercisable in favor of the disclaimant.(e) A disclaimer is barred or limited if so provided by law other than this subtitle.(f)(1) A disclaimer of a power over property that is barred by this section is ineffective.(2) A disclaimer of an interest in property that is barred by this section takes effect as a transfer of the interest disclaimed to the persons who would have taken the interest under this subtitle had the disclaimer not been barred.