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Official Code of Georgia Annotated

Title 44. PROPERTY · Chapter 1. GENERAL PROVISIONS

44-1-3. ‘‘Personalty’’ defined; status of certain stocks.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. (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.#

  2. (b)

    Stocks representing shares in a corporation which holds lands or a franchise in or over lands are personalty.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Orig. Code 1863, § 2216; Code 1868, § 2211; Code 1873, § 2237; Code 1882, § 2237; Ga. L. 1882-83, p. 56, § 1; Ga. L. 1893, p. 35, § 1; Civil Code 1895, § 3070; Civil Code 1910, § 3646; Code 1933, § 85-1701.

Law reviews

For comment on Grant v. Haymes, 164 Ga. 371, 138 S.E. 892 (1927), see 1 Ga. L. Rev. No. 2, p. 45 (1927).

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t44-ch1-7-(v31)-2010-pdf.pdf, Volume V31, 2010 edition, pages 9 to 10; merge action: carried; file SHA-256 490191d3dc54.