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 565B.9.
86 Acts, ch 1035, §4
Iowa Code § 565B.4
Transfer by gift or exercise of power of appointment
Known as the Iowa Uniform Transfers to Minors Act
The act spans §§ 565–565 (25 sections).
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.