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 10 [46-7-20 NMSA 1978] of the Uniform Transfers to Minors Act. History: Laws 1989, ch. 357, § 5.
Transfer by gift or exercise of power of appointment
NMSA 1978, § 46-7-15 — under Article 7.
NMSA 1978, § 46-7-15