NRS 120.300
When disclaimer barred or limited.
1.
A disclaimer is barred by a written waiver of the right to disclaim.2.
A disclaimer of an interest in property is barred if any of the following events occur before the disclaimer becomes effective:(a)
The disclaimant accepts the interest sought to be disclaimed;(b)
The disclaimant voluntarily assigns, conveys, encumbers, pledges or transfers the interest sought to be disclaimed or contracts to do so; or(c)
A judicial sale of the interest sought to be disclaimed occurs.3.
A disclaimer, in whole or part, of the future exercise of a power held in a fiduciary capacity is not barred by its previous exercise.4.
A disclaimer, in whole or part, of the future exercise of a power not held in a fiduciary capacity is not barred by its previous exercise unless the power is exercisable in favor of the disclaimant.5.
A disclaimer is barred or limited if so provided by law other than this chapter.6.
A disclaimer of a power over property which is barred by this section is ineffective. A disclaimer of an interest in property which is barred by this section takes effect as a transfer of the interest disclaimed to the persons who would have taken the interest under this chapter had the disclaimer not been barred.
Source:
Section 120.300 — When disclaimer barred or limited., https://www.leg.state.nv.us/NRS/NRS-120.html#NRS120Sec300
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