May 28, 2003 10:01
20 yrs ago
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
19 hrs
Selected

protectie statutara impotriva actelor de insusire abuziva

conversion = insusire abuziva
conversion(Law) = unauthorized assumption and exercise of rights of ownership over personal property belonging to another.
Problema este cu "statutory protection (protectie statutara): nu cred ca in Romania exista. In US bancile sunt protejate prin lege impotriva fraudelor (insusiri abuzive, etc) Daca ai nelamuriri in privinta conceptului trimite-mi un e-mail si voi incerca sa ti-l explic
Peer comment(s):

agree Сергей Лузан
21 days
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2 KudoZ points awarded for this answer.
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