Transfer by Gift or Exercise of Power of Appointment

Ala. Code § 35-5A-5 — under Title 35.

Ala. Code § 35-5A-5

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.

History: (Acts 1986, No. 86-453, p. 819, §4.)