A gift in writing, without good consideration and without delivery, is void. However, when, in order for a gift to be valid, a written conveyance for good consideration is required by law, or when in any case a written conveyance is made for a good consideration, the execution and delivery of such conveyance shall dispense with the necessity of delivering the article given.
History. Orig. Code 1863, § 2616; Code 1868, § 2617; Code 1873, § 2659; Code 1882, § 2659; Civil Code 1895, § 3566; Civil Code 1910, § 4146; Code 1933, § 48-104.
Code Commission notes.
Pursuant to § 28-9-5 , in 1991, “dispense” was substituted for “disperse” near the end of the second sentence.
Structure Georgia Code
Chapter 5 - Acquisition and Loss of Property
§ 44-5-80. Criteria for Making Valid Inter Vivos Gift
§ 44-5-81. When Acceptance Presumed; Acceptance for Minors and Corporations
§ 44-5-82. Delivery; Constructive Delivery
§ 44-5-86. Gifts by Person Subject to Undue Influence; Avoidance
§ 44-5-87. Implied Trust on Failure of Specific Purpose for Which Gift Made
§ 44-5-88. Gifts Void Against Creditors and Bona Fide Purchasers
§ 44-5-89. Donation of Blood by Persons Over 17 Years of Age