Section 45-2-1107 - Disclaimer of rights of survivorship in jointly held propertyA. Upon the death of a holder of jointly held property, a surviving holder may disclaim, in whole or part, the greater of: (1) a fractional share of the property determined by dividing the number one by the number of joint holders alive immediately before the death of the holder to whose death the disclaimer relates; or(2) all of the property except that part of the value of the entire interest attributable to the contribution furnished by the disclaimant.B. A disclaimer under Subsection (a) [A] takes effect as of the death of the holder of jointly held property to whose death the disclaimer relates.C. An interest in jointly held property disclaimed by a surviving holder of the property passes as if the disclaimant predeceased the holder to whose death the disclaimer relates. Laws 2001, ch. 290, § 7; 1978 Comp., § 46-10-7 recompiled as § 45-2-1107 by Laws 2011, ch. 124, § 101. Laws 2001, ch. 290, § 7; 1978 Comp., §46-10-7 recompiled as § 45-2-1107 by Laws 2011, ch. 124, § 101.Renumbered from §46-10-7 and amended by 2011, c. 124,s. 91, eff. 1/1/2012.