Intangible property (definition)
| Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes. | ||||||||||||||||||||
| State Law | ||||||||||||||||||||
| Florida | ||||||||||||||||||||
| includes , by way of illustration and not limitation:
(a) Moneys, checks, drafts, deposits, interest, dividends, and income Florida Statutes 717.101 |
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| Idaho | ||||||||||||||||||||
| includes :
Idaho Code 14-501 |
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| Michigan | ||||||||||||||||||||
| includes all of the following:
(i) Money, checks, drafts, deposits, interest, dividends, and income Michigan Laws 567.222 |
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| Nebraska | ||||||||||||||||||||
| means all personal property which is not tangible personal property and includes, but is not limited to, patents, copyrights, trademarks, trade names, service names, franchises, licenses, royalties, processes, techniques, formulas, and technical know-how but excludes money Nebraska Statutes 77-2734.04 | ||||||||||||||||||||
| New Hampshire | ||||||||||||||||||||
| includes : (a) Moneys, checks, drafts, deposits, interest, dividends, and income; (b) Credit balances, customer overpayments, gift certificates, security deposits, refunds, credit memos, unpaid wages, unused airline tickets, and unidentified remittances; (c) Stocks and other intangible ownership interests in business associations; (d) Moneys deposited to redeem stocks, bonds, coupons, and other securities, or to make distributions; (e) Amounts due and payable under the terms of insurance policies, except amounts due under claims instruments which require acceptance by the claimant or which, by their terms, are void if not presented within a definite time; and (f) Amounts distributable from a trust or custodial fund established under a plan to provide health, welfare, pension, vacation, severance, retirement, death, stock purchase, profit sharing, employee savings, supplemental unemployment insurance, or similar benefits New Hampshire Revised Statutes 471-C:1 |
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| Ohio | ||||||||||||||||||||
| means patents, copyrights, secret processes, formulas, services, good will, promotion and organization fees and expenses, trademarks, trade brands, trade names, licenses, franchises, any other assets treated as intangible according to generally accepted accounting principles, and securities, accounts receivable, or contract rights having no readily determinable value Ohio Code 1707.01 | ||||||||||||||||||||
| Rhode Island | ||||||||||||||||||||
| includes :
(i) Money, checks, drafts, deposits, interest, dividends, income, and bonds; (ii) Credit balances, customer overpayments, security deposits, refunds, credit memos, unpaid wages, unused airline tickets, unclaimed pari-mutuel tickets, and unidentified remittances; (iii) Stocks and other intangible ownership interests in business associations; (iv) Money deposited to redeem stocks, bonds, coupons, and other securities, or to make distributions; (v) Amounts due and payable under the terms of insurance policies; and (vi) Amounts distributable from a trust or custodial fund established under a plan to provide health, welfare, pension, vacation, severance, retirement, death, stock purchase, profit sharing, employee savings, supplemental unemployment insurance, or similar benefits Rhode Island General Laws 33-21.1-1 |
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| South Carolina | ||||||||||||||||||||
| includes :
(a) monies, checks, drafts, deposits, interest, dividends, and income; (b) credit balances, customer overpayments, security deposits, refunds, credit memos, unpaid wages, unused airline tickets, and unidentified remittances except that intangible property does not include trading stamps and electronic entries representing trading stamps that are awarded to retail customers incident to the purchase of goods; (c) stocks and other intangible ownership interests in business associations; (d) monies deposited to redeem stocks, bonds, coupons, and other securities, or to make distributions; (e) amounts due and payable under the terms of insurance policies; (f) amounts distributable from a trust or custodial fund established under a plan to provide health, welfare, pension, vacation, severance, retirement, death, stock purchase, profit sharing, employee savings, supplemental unemployment insurance, or similar benefits; and (g) tax refund checks issued by this State and returned to the Department of Revenue by the post office for an unknown, undeliverable, or insufficient address South Carolina Code 27-18-20 |
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| means all property other than tangible property South Carolina Code 12-6-30 | ||||||||||||||||||||
| South Dakota | ||||||||||||||||||||
| includes :
(i) Moneys, checks, drafts, deposits, interest, dividends, unpaid mineral proceeds, royalties, vendor checks, income, unpaid commissions, unpaid overcharges, and unpaid accounts payable South Dakota Codified Laws 43-41B-1 |
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| Tennessee | ||||||||||||||||||||
| means patents, patent applications, trade names, trademarks, service marks, franchise rights, copyrights, licenses, research, formulas, designs, patterns, processes, formats, and similar types of intangible assets Tennessee Code 67-4-2004, Tennessee Code 67-4-2004 | ||||||||||||||||||||
| Utah | ||||||||||||||||||||
means :
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