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CHOSE IN POSSESSION Definition & Legal Meaning

Definition & Citations:

A thing in possession, as distinguished from a thing in action. Sterling v. Sims, 72 Ga. 53; Vawter v. Grilli, 40 Ind. 001. See CHOSE IN ACTION. Taxes and customs, if paid, are a chose in possession; if unpaid, a chose in action. 2 Bl. Comm. 408.

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