Section 120.270 - Disclaimer by appointee, object or taker in default of exercise of power of appointment1. 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.2. 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.Added to NRS by 2007, 281Added to NRS by 2007, 281