General Intangible
Learn about the definition for this legal term.
What is General Intangible?
Any personal property, including things in action, other than accounts, chattel paper, commercial tort claims, deposit accounts, documents, goods, instruments, investment property, letters-of-credit, money, oil, gas and other minerals before extraction. § 9-102(42).
Further Reading
For more detailed information, see our related Security Transactions And Mortgages terms:
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