possession and control

See: custody, trust
References in periodicals archive ?
The Customer Protection Rule is an important component of investor protection, and member firms must have reasonably designed and maintained systems and procedures to comply with the possession and control requirements.
197, because Y regained possession and control over 75% of its stock.
In most cases, as in this case, the agreements were licenses, not leases, since they granted "exclusive privileges" and "use and occupancy", not exclusive possession and control of the property in the basement area.