Can performance art be owned?

So asks LA Times reporter, Deborah Vankin. The short and easy answer to her question is, yes.

Guggenheim curator, Nat Trotman speculates that “the fact that some museum stakeholders may balk at paying money for something intangible[.]” Initially this makes sense, but it does seem odd considering that many board members profit from speculation and intangible property. So why is “intangible” art any different?