Arizona Laws 33-601. Gifts
Current as of: 2024 | Check for updates
|
Other versions
A gift of any goods or chattels is not valid unless the gift is in writing, duly acknowledged and recorded, or by will, duly proved and recorded, or unless actual possession of the gift is passed to and remains with the donee or some one claiming under him.
Terms Used In Arizona Laws 33-601
- Donee: The recipient of a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Writing: includes printing. See Arizona Laws 1-215