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Official Code of Georgia Annotated

Title 44. PROPERTY · Chapter 5. ACQUISITION AND LOSS OF PROPERTY · Article 4. GIFTS GENERALLY · Part 1. Inter Vivos Gifts

44-5-80. Criteria for making valid inter vivos gift.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. To constitute a valid inter vivos gift, the following criteria must be met:

  2. (1)

    The donor must intend to give the gift;#

  3. (2)

    The donee must accept the gift; and#

  4. (3)

    The gift must be delivered or some act which under law is accepted as a substitute for delivery must be done.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Orig. Code 1863, § 2614; Code 1868, § 2615; Code 1873, § 2657; Code 1882, § 2657; Civil Code 1895, § 3564; Civil Code 1910, § 4144; Code 1933, § 48-101.

Law reviews

For article, ‘‘Multiple Party Accounts: Georgia Law Compared with the Uniform Probate Code,’’ see 8 Ga. L. Rev. 739 (1974). For article, ‘‘Are We Witnessing the Erosion of Georgia’s Separate Property Distinction?,’’ see 13 Ga. St. B.J. 14 (2007). For note discussing the treatment of joint bank accounts in Georgia, with regard to survivorship and testamentary effect, prior to the enactment of the Financial Institutions Code of Georgia, see 7 Ga. St. B.J. 370 (1971). For comment on Felder v. Felder, 71 Ga. App. 860, 32 S.E.2d 550 (1944), see 7 Ga. B.J. 478 (1945).

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t44-ch1-7-(v31)-2010-pdf.pdf, Volume V31, 2010 edition, page 458; merge action: annotated; file SHA-256 490191d3dc54.