PROPERTY TRANSFERABLE BY GIFT MADE IN CONTEMPLATION OF DEATH
1)A man may dispose, by gift made in contemplation of death, of any movable property which he could dispose of by will. (2) A gift is said to be made in contemplation of death where a man, who is ill and expects to die shortly of his illness, delivers, to another the possession of any movable property to keep as a gift in case the donor shall die of that illness. (3) Such a gift may be resumed by the giver; and shall not take effect if he recovers from the illness during which it was made; nor if he survives the person to whom it was made