{"data":{"id":"us-co/c.r.s.-15-2.5-403","jurisdiction":"us-co","citation":"C.R.S. § 15-2.5-403","heading":"Method of release.","body":"(1) A powerholder of a releasable power of appointment may release the power in whole or in part:\n\n(a) By substantial compliance with a method provided in the terms of the instrument creating the power; or\n\n(b) If the terms of the instrument creating the power do not provide a method, or the method provided in the terms of the instrument is not expressly made exclusive, by:\n\n(I) Delivering a writing declaring the extent to which the power is released to a person who could be adversely affected by an exercise of the power;\n\n(II) Joining with some or all of the takers in default in making an otherwise-effective transfer of an interest in the property that is subject to the power, in which case the power is released to the extent that a subsequent exercise of the power would defeat the interest transferred;\n\n(III) Contracting with a person who could be adversely affected by an exercise of the power not to exercise the power, in which case the power is released to the extent that a subsequent exercise of the power would violate the terms of the contract; or\n\n(IV) Communicating in any other appropriate manner an intent to release the power, in which case the power is released to the extent that a subsequent exercise of the power would be contrary to manifested intent.","path":["Title 15 - PROBATE, TRUSTS, AND FIDUCIARIES","Article 2.5 - Uniform Powers of Appointment Act","Part 4 - DISCLAIMER OR RELEASE; CONTRACT TO APPOINT OR NOT TO APPOINT"],"source_url":"https://olls.info/crs/crs2026-title-15.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"e8e56f742b751a4fd41195ba60b2044283f9939c3119742e8c112476ea5d1d8f","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-15-2.5-402","next":"us-co/c.r.s.-15-2.5-404"},"notice":"GroundRules: Original legal text. Not legal advice."}
