Statutes > Virginia Statutes > Title 31 - GUARDIAN AND WARD. > Chapter 6 - Virginia Uniform Transfers to Minors Act (31-37 thru 31-59) > 31-40 - Transfer by gift or exercise of power of appointment.

31-40 - Transfer by gift or exercise of power of appointment.

§ 31-40. Transfer by gift or exercise of power of appointment.

A person may make a transfer by irrevocable gift to, or the irrevocableexercise of a power of appointment in favor of, a custodian for the benefitof a minor pursuant to § 31-45.

(1988, c. 516.)