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 5309 (relating to manner of creating custodial property and effecting transfer).
20 Pa.C.S. § 5304
Transfer by gift or exercise of power of appointment
Known as the Pennsylvania Uniform Transfers to Minors Act
The act spans §§ 20-5301 to 20-5321 (21 sections).
Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.