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ALABAMA STATUTES AND CODES

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.

(Acts 1986, No. 86-453, p. 819, §4.)

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