Ind. Code § 32-17.5-8-2

Current through P.L. 171-2024

Section 32-17.5-8-2 - Events barring disclaimer

A disclaimer of an interest in property is barred if any of the following events occur before the disclaimer becomes effective:

(1) The disclaimant accepts the interest sought to be disclaimed.

(2) The disclaimant voluntarily:

(A) assigns, conveys, encumbers, pledges, or transfers the interest sought to be disclaimed; or

(B) contracts to take an action described in clause (A).

(3) A judicial sale of the interest sought to be disclaimed occurs.

IC 32-17.5-8-2

As added by P.L. 5-2003, SEC.1.