If a gift is of substantial benefit, the law will presume its acceptance unless the contrary is shown. A parent, guardian, or friend may accept a gift for a minor. The officers of a corporation may accept a gift for the corporation.
(Orig. Code 1863, § 2615; Code 1868, § 2616; Code 1873, § 2658; Code 1882, § 2658; Civil Code 1895, § 3565; Civil Code 1910, § 4145; Code 1933, § 48-102.)
Cross references.- Provisions governing certain gifts to minors, § 44-5-110 et seq.
RESEARCH REFERENCES
Am. Jur. 2d.
- 38 Am. Jur. 2d, Gifts, §§ 4, 30.
C.J.S.- 38 C.J.S., Gifts, §§ 26, 91.
ALR.
- Delivery of bill or note of third person by way of gift, 25 A.L.R. 642.
Rights in respect of payments made on a note or check which is the subject of a gift, 49 A.L.R. 684.
Right of child en ventre sa mere to take under a conveyance or devise of present interest to parent and children, 50 A.L.R. 619.
Presumption of gift, advancement, or settlement where husband takes title from third person to property paid for by or with funds of wife, 113 A.L.R. 339.
Gift of automobile, 100 A.L.R.2d 1219.
Joint lease of safe-deposit box as evidence in support or denial of gift inter vivos of contents thereof, 40 A.L.R.3d 462.
Issuance of stock certificate to joint tenants as creating gift inter vivos, 5 A.L.R.4th 373.