A person may make a transfer by irrevocable gift to, or by the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to Code Section 44-5-119. (Code 1981, § 44-5-114, enacted by Ga. L. 1990, p. 667, § 1.)
Irrevocable gift or exercise of power of appointment made under Code Section 44-5-119
O.C.G.A. § 44-5-114, under THE GEORGIA TRANSFERS TO MINORS ACT.
O.C.G.A. § 44-5-114