32-17.5-8-4. Power not held in fiduciary capacity

IN Code § 32-17.5-8-4 (2019) (N/A)
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Sec. 4. A disclaimer, in whole or part, of the future exercise of a power not held in a fiduciary capacity is not barred by the previous exercise of the power unless the power is exercisable in favor of the disclaimant.

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