(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.
Section: Previous 44-5-80 44-5-81 44-5-82 44-5-83 44-5-84 44-5-85 44-5-86 44-5-87 44-5-88 44-5-89 NextLast modified: October 14, 2016