1. (1) If the decedent is survived by a person with the right to inherit real or personal property from the decedent in a designated beneficiary agreement executed pursuant to article 22 of this title, the intestate share of the decedent's designated beneficiary is:

   1. (a) The entire estate if no descendent of the decedent survives the decedent; or
   2. (b) One half of the intestate estate if one or more descendants of the decedent survive the decedent.

Source: L. 2010: Entire section added, (SB 10-199), ch. 374, p. 1748, § 4, effective July 1.

Cross references: For provisions relating to the time of taking effect or the provisions for transition of this code, see § 15-17-101.