Section 122:
“Gift” defined.
Gift is the transfer of certain existing moveable or
immoveable property made voluntarily and without consideration, by one person, called
the donor, to another, called the donee, and accepted by or on behalf of the donee.
Acceptance when to be made.-- Such acceptance must be made during the lifetime of
the donor and while he is till capable of giving,
If the donee dies before acceptance, the gift is void.