§ 34-22-3. Release of power — Contract not to exercise.
A person to whom any power, whether or not coupled with an interest, is given, may release, or contract not to exercise, the power, unless prevented from so doing by the terms of the power.
History of Section.G.L. 1896, ch. 202, § 22; G.L. 1909, ch. 253, § 22; G.L. 1923, ch. 297, § 22; G.L. 1938, ch. 488, § 4; G.L. 1956, § 34-22-3.
Structure Rhode Island General Laws
Section 34-22-1. - Disclaimer and renunciation or restriction of power.
Section 34-22-2. - Delivery and recording of disclaimer and renunciation.
Section 34-22-3. - Release of power — Contract not to exercise.
Section 34-22-4. - Means of releasing or contracting not to exercise power.
Section 34-22-5. - Relationship between §§ 34-22-3 and 34-22-4.
Section 34-22-6. - Acts under power of attorney.
Section 34-22-6.1. - When power of attorney not affected by incompetency.
Section 34-22-7. - Good faith payment by attorney acting under invalid power.
Section 34-22-8. - Power of attorney given by member of military in time of war.
Section 34-22-9. - Good faith acts under revoked military member’s power of attorney.
Section 34-22-10. - Notice of death of member of military giving power of attorney.
Section 34-22-11. - Construction of certain powers of appointment created before May 1, 1958.
Section 34-22-12. - Construction of certain powers of appointment created after May 1, 1958.
Section 34-22-13. - Powers as subjecting property to creditors.