Sec. 240.009.  POWER TO DISCLAIM; GENERAL REQUIREMENTS; WHEN IRREVOCABLE.  (a) To be effective, a disclaimer must:
(1)  be in writing;
(2)  declare the disclaimer;
(3)  describe the interest or power disclaimed;
(4)  be signed by the person making the disclaimer; and
(5)  be delivered or filed in the manner provided by Subchapter C.
(b)  A partial disclaimer may be expressed as a fraction, percentage, monetary amount, term of years, limitation of a power, or any other interest or estate in the property.
(c)  A disclaimer is irrevocable on the later of the date the disclaimer:
(1)  is delivered or filed under Subchapter C; or
(2)  takes effect as provided in Sections 240.051-240.056.
(d)  A disclaimer made under this chapter is not a transfer, assignment, or release.
(e)  A disclaimer of an interest in property made by an individual must contain a statement under penalty of perjury regarding whether the disclaimant is a child support obligor whose disclaimer is barred under Section 240.151(g).  An individual's failure to include the statement does not invalidate a disclaimer if the disclaimer is not barred under Section 240.151(g).
Added by Acts 2015, 84th Leg., R.S., Ch. 562 (H.B. 2428), Sec. 15, eff. September 1, 2015.
Amended by: 
Acts 2021, 87th Leg., R.S., Ch. 552 (S.B. 286), Sec. 11, eff. September 1, 2021.