Sec. 9. A disclaimer by an appointee of a nonfiduciary power of appointment must be:

(1) delivered to:

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Terms Used In Indiana Code 32-17.5-7-9

  • Fiduciary: A trustee, executor, or administrator.
(A) the holder;

(B) the personal representative of the holder’s estate; or

(C) the fiduciary under the instrument that created the power; or

(2) filed with a court having authority to appoint the fiduciary if no fiduciary is then serving.

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