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ownership theory

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 334 U.S. 385 - Toomer v. Witsell · 1948Most cited · 1,321 citing opinions

The whole ownership theory, in fact, is now generally regarded as but a fiction expressive in legal shorthand of the importance to its people that a State have power to preserve and regulate the exploitation of an important resource.