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 1660.
Me. Rev. Stat. tit. 33, § 1655
Transfer by gift or exercise of power of appointment
Known as the Maine Uniform Transfers to Minors Act
The act spans §§ 1651 to 1674 (24 sections).
PL 1987, c. 734, §2 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.