1
A valid gift requires a competent donor, a lawful object, an intention to give, and delivery or another recognized act that makes the transfer effective.
2
No one may give what belongs to another.
3
A guardian, steward, agent, or debtor may not donate entrusted or encumbered property to defeat the rights of the owner, ward, principal, or creditor.
4
A gift obtained by coercion, fraud, or exploitation may be rescinded.
5
Conditional gifts are governed by the lawful condition under which they were accepted.
6
Charitable gifts remain subject to the rules of stewardship and purpose.