Transfer by gift or exercise of power of appointment

Va. Code Ann. § 64.2-1903, under Chapter 19. Virginia Uniform Transfers to Minors Act..

Va. Code Ann. § 64.2-1903

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 § 64.2-1908.