A person may make a transfer by irrevocable gift to, or by the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to § 18-7-10.
R.I. Gen. Laws § 18-7-5
Transfer by gift or exercise of power of appointment
Known as the Rhode Island Uniform Transfers to Minors Act
The act spans §§ 18–18 (26 sections).
P.L. 1985, ch. 389, § 2.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.