O.C.G.A. § 44-1-3: “Personalty” defined; status of certain stocks.

(a) As used in this title, the term “personalty” or “personal estate” means all property which is movable in nature, has inherent value or is representative of value, and is not otherwise defined as realty.

(b) Stocks representing shares in a corporation which holds lands or a franchise in or over lands are personalty.