Glossary entry

English term or phrase:

statutory protection against conversion given by law =

Romanian translation:

protectie statutara impotriva ordinului de restituire dat de lege

Added to glossary by dianasava
May 28, 2003 09:38
20 yrs ago
1 viewer *
English term

statutory protection against conversion given by law =

Non-PRO English to Romanian Bus/Financial
When opening an account the indentification of the customer is important because, if the customer proves to be an impostor, the bank may lose its statutory protection against conversion given by law.

Proposed translations

+1
7 hrs
Selected

protectie statutara impotriva ordinului de restituire dat de lege

Conversion
The action of conversion is a common law legal proceeding for damages by an owner of property against a defendant who came across the property and who, rather than return the property, converted that property to his own use or retained possession of the property or otherwise interfered with the property. The innocence of the defendant who took the property is not an issue. It is the conversion that gives rise to the cause of action. This common law action replaced the old action of trover by English law dated 1852. Compare with detinue.
Peer comment(s):

agree Сергей Лузан
21 days
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4 KudoZ points awarded for this answer.
5 hrs

protectia statutara/reglementata prin lege contra substituirii de persoana

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Note added at 2003-05-28 15:05:16 (GMT)
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pardon:
protectia statutara, reglementata prin lege contra substituirii de persoana

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Note added at 2003-05-28 23:07:35 (GMT)
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conversion=
5 (Law)
a unauthorized dealing with or the assumption of rights of ownership to another\'s personal property
b the changing of real property into personalty or personalty into realty

Source: The Collins English Dictionary © 2000 HarperCollins
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