§ 1108.240. Intangible property.
45 words·~1 min read·
/us/cfr/t2/s§ 1108.240·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Intangible property means:
(a)Property having no physical existence, such as trademarks, copyrights, patents and patent applications; and
(b)Property such as loans, notes and other debt instruments, lease agreements, stock and other instruments of property ownership, whether the property is considered tangible or intangible.