Indiana Code
Chapter 8.5. Indiana Uniform Transfers to Minors Act
30-2-8.5-19. Transfer by Gift or Exercise of Power of Appointment

Sec. 19. A person may make:
(1) a transfer by irrevocable gift to; or
(2) an irrevocable exercise of a power of appointment in favor of;
a custodian for the benefit of a minor under section 24 of this chapter.
As added by P.L.267-1989, SEC.2.

Structure Indiana Code

Indiana Code

Title 30. Trusts and Fiduciaries

Article 2. General Provisions

Chapter 8.5. Indiana Uniform Transfers to Minors Act

30-2-8.5-1. "Adult" Defined

30-2-8.5-2. "Benefit Plan" Defined

30-2-8.5-3. "Broker" Defined

30-2-8.5-4. "Custodial Property" Defined

30-2-8.5-5. "Custodian" Defined

30-2-8.5-6. "Financial Institution" Defined

30-2-8.5-7. "Guardian" Defined

30-2-8.5-8. "Legal Representative" Defined

30-2-8.5-9. "Members of the Minor's Family" Defined

30-2-8.5-10. "Minor" Defined

30-2-8.5-11. "Person" Defined

30-2-8.5-12. "Personal Representative" Defined

30-2-8.5-13. "State" Defined

30-2-8.5-14. "Transfer" Defined

30-2-8.5-15. "Transferor" Defined

30-2-8.5-16. "Trust Company" Defined

30-2-8.5-17. Scope and Jurisdiction

30-2-8.5-18. Nomination of Custodian

30-2-8.5-19. Transfer by Gift or Exercise of Power of Appointment

30-2-8.5-20. Transfer Authorized by Will or Trust; Designation of Custodian

30-2-8.5-21. Other Transfers by Fiduciary; Guardian as Custodian

30-2-8.5-22. Transfer by Obligor

30-2-8.5-23. Receipt for Custodial Property

30-2-8.5-24. Manner of Creating Custodial Property and Effecting Transfer; Designation of Initial Custodian; Control

30-2-8.5-25. Single Custodianship

30-2-8.5-26. Validity and Effect of Transfer

30-2-8.5-27. Care of Custodial Property

30-2-8.5-28. Powers of Custodian

30-2-8.5-29. Use of Custodial Property; Transfer of Property to Trust

30-2-8.5-30. Custodian's Expenses, Compensation, and Bond

30-2-8.5-31. Exemption of Third Person From Liability

30-2-8.5-32. Liability to Third Person

30-2-8.5-33. Renunciation, Resignation, Death, or Removal of Custodian; Designation of Successor Custodian

30-2-8.5-34. Accounting by and Determination of Liability of Custodian

30-2-8.5-35. Termination of Custodianship

30-2-8.5-36. Applicability

30-2-8.5-37. Effect on Existing Custodianships

30-2-8.5-38. Uniformity of Application and Construction

30-2-8.5-39. Severability

30-2-8.5-40. Written Election Concerning Custodial Property