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CHOSE IN POSSESSION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A thing in possession, as distinguished from a thing in action. Sterling v. Sims, 72 Ga. 53; Vawter v. Griffin, 40 Ind. 601. 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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