Sec. 181.051. AUTHORITY OF DONEE TO RELEASE POWER. Unless the instrument creating the power specifically provides to the contrary, a donee may at any time:
(1) completely release the power;
(2) release the power as to any property subject to the power;
(3) release the power as to a person in whose favor a power may be exercised; or
(4) limit in any respect the extent to which the power may be exercised.
Acts 1983, 68th Leg., p. 3724, ch. 576, Sec. 1, eff. Jan. 1, 1984.
Structure Texas Statutes
Title 10 - Miscellaneous Beneficial Property Interests
Subtitle C - Powers of Appointment
Chapter 181 - Powers of Appointment
Subchapter B. Release of Powers of Appointment
Section 181.051. Authority of Donee to Release Power
Section 181.052. Requisites of Release
Section 181.053. Release by Guardian
Section 181.054. Effect of Release on Multiple Donees
Section 181.055. Notice of Release