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 beneficiary pursuant to ORS 126.832.
ORS 126.816
Known as the Oregon Uniform Transfers to Minors Act
The act spans §§ 126–126 (309 sections).
1985 c.665 §5; 2005 c.349 §4
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.