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 § 13-309 of this subtitle.
Md. Code Ann., Est. & Trusts § 13-304
Known as the Maryland Uniform Transfers to Minors Act
The act spans §§ 13-301 to 13-324 (25 sections).
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.