Sec. 19. A person may make: (1) a transfer by irrevocable gift to; or (2) an irrevocable exercise of a power of appointment in favor of; a custodian for the benefit of a minor under section 24 of this chapter. As added by P.L.267-1989, SEC.2.
Transfer by gift or exercise of power of appointment
Ind. Code § 30-2-8.5-19, under Indiana Uniform Transfers to Minors Act.
Ind. Code § 30-2-8.5-19