(a) A power releasable according to section 45a-568 may be released, wholly or partially, by the delivery of a written release executed by the donee of the power, for consideration or under seal, to any person who could be adversely affected by the exercise of the power, or to any person who, alone or with another or others, holds in trust property subject to the power, or, in the case of a power created by will, by the filing of such release in the court of probate in which the will was proved or allowed.
(b) A release of a power of appointment shall not be valid as to land in the state subject to such power, except as against the releasor and persons having actual notice of the release, unless (1) in case of a power created by will or other written instrument, the release is acknowledged in the manner required in the case of deeds of land to entitle them to be recorded and is recorded in the land records of the town in which the land lies or (2) in case of a power created by will, the release is filed in the probate court in which the will was proved or allowed.
(1949 Rev., S. 6910; P.A. 80-476, S. 336.)
History: P.A. 80-476 divided section into Subsecs., replaced alphabetic Subdivs. with numeric Subdivs. and made minor wording changes; Sec. 45-121 transferred to Sec. 45a-569 in 1991.
Structure Connecticut General Statutes
Title 45a - Probate Courts and Procedure
Chapter 802f - Powers of Appointment
Section 45a-568. (Formerly Sec. 45-120). - Power of appointment may be released; definitions.
Section 45a-569. (Formerly Sec. 45-121). - Method of release. Not valid as to land unless recorded.
Section 45a-570. (Formerly Sec. 45-122). - Extent of release.
Section 45a-571. (Formerly Sec. 45-123). - Effect of release of one donee upon other donees.
Section 45a-572. (Formerly Sec. 45-123a). - Exercise in favor of further power.
Section 45a-573. - Exercise of power of appointment of property.
Section 45a-573a. - Applicability of power of appointment of property.