Virginia Code § 64.2-1903

Transfer by gift or exercise of power of appointment
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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.
1988, c. 516, § 31-40; 2012, c. 614.

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