A person to whom any power, whether or not coupled with an interest, is given, may release, or contract not to exercise, the power, unless prevented from so doing by the terms of the power.
R.I. Gen. Laws § 34-22-3
Release of power — Contract not to exercise
G.L. 1896, ch. 202, § 22; G.L. 1909, ch. 253, § 22; G.L. 1923, ch. 297, § 22; G.L. 1938, ch. 488, § 4; G.L. 1956, § 34-22-3.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.