N.C. Gen. Stat. § 29-24
Presumption of gift
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
A gratuitous inter vivos transfer is presumed to be an absolute gift and not an advancement unless shown to be an advancement.
A gratuitous inter vivos transfer is presumed to be an absolute gift and not an advancement unless shown to be an advancement.
History
(1959, c. 879, s. 1.)
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.