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GEORGIA STATUTES AND CODES
§ 44-5-88 - Gifts void against creditors and bona fide purchasers
O.C.G.A. 44-5-88 (2010)
44-5-88. Gifts void against creditors and bona fide purchasers
(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.
44-5-88. Gifts void against creditors and bona fide purchasers
(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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