AUTHORITY OF DONEE TO RELEASE POWER

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.