incorporeal property

incorporeal property

property without a body that cannot be touched and picked up, such as a right to something. Stocks and shares are incorporeal personal or moveable property, as are copyrights and patents. To transfer such property ASSIGNATION is usually required.

INCORPOREAL PROPERTY, civil law. That which consists in legal right merely; or, as the term is, in the common law, of choses in actions. Vide Corporeal property.

References in periodicals archive ?
Choses in action cover various types of intangible or incorporeal property, for example shares, debts and intellectual property.
This public performance by drummers and dancers constitutes a legal claim to the Sasqets mask because the performance can only be done by those with the rights to this spiritual, incorporeal property and its physical manifestations.
The Sts'ailes repatriation connects two bodies of law: mainstream property law as clarified in the repatriation policy (and, in another sense, the Museum's contract with the City to manage the collection), and Coast Salish law regarding incorporeal property and its physical manifestations.
638, 2007) considers intangible assets incorporeal property destined and used for the maintenance of the firm.
Hoog (2008) Incorporeal property with a frequently subjective useful economic life varying according to the rights resulting from ownership and the associated competitive advantages and profits, which may be acquired or developed internally.
Instead, the proposition that incorporeal property rights should be compensated is reflected in the new constitution and lends support to the argument that financial losses, such as diminution in market value, may be compensated under today's law.
This movement has been reflected textually: the Civil Code of Quebec, unlike its predecessor, refers to "property" (biens) rather than "things" (choses), (158) and the first article in the book "On Property" provides for incorporeal property.
A later reference to the notion of bien as "englobant en meme temps la chose et le droit que l'on a sur cette chose" (ibid at 528), in its use of chose, is already at odds with the recognition of incorporeal property in art 899 CCQ, unless choses may be incorporeal in which case online resources may be choses as well as biens.