Section 31-7-110 - Disclaimer by appointee, object, or taker in default of exercise of power of appointment(a) 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.(b) A disclaimer of an interest in property by a permissible appointee 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 by 2019 Tenn. Acts, ch. 340,s 2, eff. 5/10/2019.