Section 44-5-84. Presumption of gift arising from delivery of personalty by parent to child living separate from parent

   The delivery of personal property by a parent into the exclusive possession of a child living separate from the parent creates a presumption of a gift to the child. This presumption may be rebutted by evidence of an actual contract of lending or by circumstances from which such a contract may be inferred.

Orig. Code 1863, § 2621; Code 1868, § 2621; Code 1873, § 2663; Code 1882, § 2663; Civil Code 1895, § 3570; Civil Code 1910, § 4150; Code 1933, § 48-105.