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Georgia Statutes

§ 44-5-88 — Gifts void against creditors and bona fide purchasers

Georgia·Title 44
(a)An insolvent person may not make a valid gift to the injury of his existing creditors.
(b)When partial or complete possession of property remains with the donor, every parol gift thereof shall be void against bona fide creditors and bona fide purchasers without notice.

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Related

Gordon v. Internal Revenue Serv. (In re Johnson)
593 B.R. 895 (N.D. Georgia, 2018)
3 case citations
Byung Chik Min
(N.D. Georgia, 2023)

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