§ 9–206
Statutes in effect as of October 1, 2026.
Md. Code Ann., Est. & Trusts § 9-206 (2026)
Title 9. Special Provisions Relating to Distribution
Subtitle 2. Maryland Uniform Disclaimer of Property Interests Act
§ 9–206LinkCopy Citation
If a holder disclaims a power of appointment or other power not held in a fiduciary capacity, the following rules apply:
(1)
If the holder has not exercised the power, the disclaimer takes effect as of the time the instrument creating the power becomes irrevocable;
(2)
If the holder has exercised the power and the disclaimer is of a power other than a presently exercisable general power of appointment, the disclaimer takes effect immediately after the last exercise of the power; and
(3)
The instrument creating the power is construed as if the power expired when the disclaimer became effective.