Disclaimer for estate and gift tax purposes
Sec. 1. Notwithstanding any other provision of this article, if, as
a result of a disclaimer or transfer, the disclaimed or transferred
interest is treated under:
(1) Title 26 of the United States Code, in effect on July 1, 2003,
or later amended or a successor statute; and
(2) the regulations promulgated under the statute referred to in
subdivision (1);
as never having been transferred to the disclaimant, then the
disclaimer or transfer is effective as a disclaimer under this article.
As added by P.L.5-2003, SEC.1.
Last modified: May 24, 2006