§ 35-4-97 — Effect of Parol Gifts of Personal Property

Alabama § 35-4-97

• Jurisdiction: Alabama
• Title 35: Property
• Ch. 4: Conveyances and Creation of Estates
• Art. 3: Recordation and Registration in General
• Div. 2: Recordation Necessary as to Purchasers, Mortgagees, and Judgment Creditors

Text

Parol gifts of personal property are inoperative until the custody, control, management, and use of the property passes from the donor to the donee and is possessed by such donee or his agent; when the donee is a minor living with his parents, or either of them, the possession of the father or parent with whom he is living must be considered the possession of the child.

Legislative History

(Code 1852, §1297; Code 1867, §1567; Code 1876, §2176; Code 1886, §1820; Code 1896, §1015; Code 1907, §3392; Code 1923, §6896; Code 1940, T. 47, §129.)