55-904 POWER OF REVOCATION NOT SUBJECT TO EXERCISE BEFORE GRANT -- WHEN DEEMED EXECUTED.

TITLE 55

PROPERTY IN GENERAL

CHAPTER 9

UNLAWFUL TRANSFERS

55-904. Power of revocation not subject to exercise before grant -- When deemed executed. Where a person having the power of revocation within the provisions of the last section is not entitled to execute it until after the time at which he makes such a grant or charge as is described in that section, the power is deemed to be executed as soon as he is entitled to execute it.