A person may make a transfer by irrevocable gift, tangible or intangible to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to section 1251j of this chapter.
Transfer by gift or exercise of power of appointment
15 V.I.C. § 1251e — under Virgin Islands Uniform Transfers to Minors Act.
15 V.I.C. § 1251e