Louisiana Civil Code 1468 – Donations inter vivos; definition
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Terms Used In Louisiana Civil Code 1468
- Contract: A legal written agreement that becomes binding when signed.
- Donee: The recipient of a gift.
- Donor: The person who makes a gift.
- Inter vivos: Transfer of property from one living person to another living person.
A donation inter vivos is a contract by which a person, called the donor, gratuitously divests himself, at present and irrevocably, of the thing given in favor of another, called the donee, who accepts it.
Amended by Acts 1871, No. 87; Acts 2008, No. 204, §1, eff. Jan. 1, 2009.