Code of Virginia - Title 55 Property And Conveyances - Section 55-3 When gift of goods or chattels invalid

§ 55-3. When gift of goods or chattels invalid

No gift of any goods or chattels shall be valid unless by deed or will, or unless actual possession shall have come to and remained with the donee or some person claiming under him. If the donor and donee reside together at the time of the gift, possession at the place of their residence shall not be a sufficient possession within the meaning of this section. This section shall not apply to personal paraphernalia used exclusively by the donee.

(Code 1919, § 5142; 1973, c. 401.)

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Last modified: April 3, 2009