Section 35-5A-5 Transfer by gift or exercise of power of appointment.
Section 35-5A-5
Transfer by gift or exercise of power of appointment.
A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to section 35-5A-10.
(Acts 1986, No. 86-453, p. 819, §4.)