§36-1-5. Gifts of personal property.
No gift of any goods or chattels shall be valid unless made
by writing, signed by the donor or his agent, or by will, or
unless actual possession shall have come to and remained with the
donee or some person holding for or under him. If the donor and
donee reside together at the time of the gift, possession at the
place of their residence shall not be a sufficient possession
within the meaning of this section. The requirements of this
section shall not apply to the wife's paraphernalia. No seal
shall be necessary to give validity to a gift of goods or
chattels by writing, as hereinbefore provided.