Section 700.2909 Persons Bound; Effect of Disclaimer.

MI Comp L § 700.2909 (2019) (N/A)
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Sec. 2909.

(1) A disclaimer, or a written waiver of the right to disclaim, is binding upon the disclaimant or person waiving the right to disclaim, and all persons claiming through or under him or her.

(2) A disclaimer acts as a nonacceptance of the disclaimed interest, rather than as a transfer of the disclaimed interest. The disclaimant is treated as never having received the disclaimed interest.

History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC