GA 19-3-10 - GA 19-3-10

General Consideration Statute applied to transactions between husband and wife only, and does not extend to transactions between other near relatives. First Nat'l Bank v. Kelly, 190 Ga. 603 , 10 S.E.2d 66 (1940). Statute was rule of evidence, and does not dispense with necessary elements in setting aside conveyance based on a valuable consideration. Baker v. Goddard, 205 Ga. 477 , 53 S.E.2d 754 (1949). Purpose of section. - Recognizing that in transactions between husband and wife fraud might be so completely concealed that creditors could not expose the fraud, and in order that the public might not suffer from such concealment, the law imposes upon the husband and wife the duty of affirmatively establishing their good faith when creditors attack such transactions for fraud. Arrington v. A...