Illinois Statutes

§ 5 — Transfer by Gift or Exercise of Power of Appointment

Illinois·Topic RIGHTS AND REMEDIES·Ch. 760 TRUSTS AND FIDUCIARIES·Act 760 ILCS 20/ Illinois Uniform Transfers to Minors Act.
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 10.

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Legislative History

(Source: P.A. 84-915.)

Nearby Sections

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