Tex. Prop. Code Section 240.107
Disclaimer by Object or Taker in Default of Exercise of Power of Appointment


In the case of a disclaimer by an object or taker in default of an exercise of a power of appointment at any time after the power was created:

(1)

the disclaimer must be delivered to the holder of the power or to the fiduciary acting under the instrument that created the power; or

(2)

if no fiduciary is then serving, the disclaimer must be filed:

(A)

with a court having authority to appoint the fiduciary; or

(B)

in the official public records of the county in which the creator of the power is domiciled or was domiciled on the date of the creator’s death.
Added by Acts 2015, 84th Leg., R.S., Ch. 562 (H.B. 2428), Sec. 15, eff. September 1, 2015.

Source: Section 240.107 — Disclaimer by Object or Taker in Default of Exercise of Power of Appointment, https://statutes.­capitol.­texas.­gov/Docs/PR/htm/PR.­240.­htm#240.­107 (accessed Jun. 5, 2024).

240.001
Short Title
240.002
Definitions
240.003
Applicability of Chapter
240.004
Chapter Supplemented by Other Law
240.005
Uniformity of Application and Construction
240.006
Power to Disclaim by Person Other than Fiduciary
240.007
Power to Disclaim Power Held in Fiduciary Capacity by Person Designated to Serve as or Serving as Fiduciary
240.008
Power to Disclaim by Fiduciary Acting in Fiduciary Capacity
240.009
Power to Disclaim
240.051
Disclaimer of Interest in Property
240.052
Disclaimer of Rights in Survivorship Property
240.053
Disclaimer of Interest by Trustee
240.054
Disclaimer of Power of Appointment or Other Power Not Held in Fiduciary Capacity
240.055
Disclaimer by Appointee Of, or Object or Taker in Default of Exercise Of, Power of Appointment
240.056
Disclaimer of Power Held in Fiduciary Capacity
240.057
Tax Qualified Disclaimer
240.058
Partial Disclaimer by Spouse
240.0081
Notice Required by Trustee Disclaiming Certain Interests in Property
240.101
Delivery or Filing Generally
240.102
Disclaimer of Interest Created Under Intestate Succession or Will
240.103
Disclaimer of Interest in Testamentary Trust
240.104
Disclaimer of Interest in Inter Vivos Trust
240.105
Disclaimer of Interest Created by Beneficiary Designation
240.106
Disclaimer by Surviving Holder of Survivorship Property
240.107
Disclaimer by Object or Taker in Default of Exercise of Power of Appointment
240.108
Disclaimer by Certain Appointees
240.109
Disclaimer by Certain Fiduciaries
240.110
Disclaimer of Power by Agent
240.111
Recording of Disclaimer
240.151
When Disclaimer Barred or Limited
240.0501
Definition
240.0511
Disposition of Interest Passing Because of Decedent’s Death and Disclaimed by Individual
240.0512
Disposition of Interest Passing Because of Event Other than Decedent’s Death and Disclaimed by Individual

Accessed:
Jun. 5, 2024

§ 240.107’s source at texas​.gov