New York Estates, Powers and Trusts Code § 7-6.4

Transfer by gift or exercise of power of appointment
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§ 7-6.4 Transfer by gift or exercise of power of appointment\n  A person may make a transfer by irrevocable gift to, or the\nirrevocable exercise of a power of appointment in favor of, a custodian\nfor the benefit of a minor pursuant to 7-6.9.\n

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