(1) A powerholder may revoke or amend an exercise of a power of appointment only to the extent that: (a) The powerholder reserves a power of revocation or amendment in the instrument exercising the power of appointment and, if the power is nongeneral, the terms of the instrument creating the power of appointment do not prohibit the reservation; or (b) The terms of the instrument creating the power of appointment provide that the exercise is revocable or amendable.
C.R.S. § 15-2.5-314
Powerholder’s authority to revoke or amend exercise
Known as the Colorado Uniform Powers of Appointment Act
The act spans §§ 15-2.5-101 to 15-2.5-603 (33 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.