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Current as of January 01, 2024 | Updated by Findlaw Staff
Unless the instrument creating a power provides otherwise, the complete or partial release by one or more donees of a power that may be exercised by two or more donees, either as an individual or a fiduciary, together or successively, does not prevent or limit the exercise or participation in the exercise of the power by the other donee or donees.
Cite this article: FindLaw.com - Texas Property Code - PROP § 181.054. Effect of Release on Multiple Donees - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-181-054/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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