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 63-5-645.
S.C. Code Ann. § 63-5-620
Transfer by gift or exercise of power of appointment
Known as the South Carolina Uniform Transfers to Minors Act
The act spans §§ 63–63 (24 sections).
2022 Act No. 128 (H.3821), SECTION 1, eff April 4, 2022.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.