Code of Alabama - Title 35: Property - Section 35-5A-5 - Transfer by gift or exercise of power of appointment
Section 35-5A-5 - Transfer by gift or exercise of power of appointment.
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 35-5A-10.