2016 Mississippi Code
Title 91 - Trusts and Estates
Chapter 15 - Release of Powers of Appointment
§ 91-15-5. Right to release

MS Code § 91-15-5 (2016) What's This?

Unless the instrument creating the power specifically provides to the contrary, the donee of a power, whether now existing or hereafter created, may:

(a) At any time completely release his power.

(b) At any time or times release his power: (one) as to any property which is subject thereto; (two) as to any one or more of the objects thereof; or (three) so as to limit in any other respect the extent to which it may be exercised.

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