Conversion (law) - Persons Subject To Action

Persons Subject To Action

The owner of a partial interest in property may be liable for converting the same, where he wrongfully takes it out of the possession of another, or does some other act amounting to a conversion. The following are the typical defendants in an action in conversion:

  • Fraudulent takers and their transferees
  • Owner as possessor of land
  • Persons aiding and/or abetting in conversion
  • Public officers
  • An agent, even if he acts in good faith and in accordance with his instructions, if the principal is guilty of conversion
  • The principal when his agent's act of converting the property is committed within the scope of the agency
  • The owner of the property if he diminishes its value or sells or destroys it to the damage of a lienholder

Read more about this topic:  Conversion (law)

Famous quotes containing the words persons, subject and/or action:

    A new person is to me a great event, and hinders me from sleep. I have often had fine fancies about persons which have given me delicious hours; but the joy ends in the day; it yields no fruit.
    Ralph Waldo Emerson (1803–1882)

    Both Socrates and Jesus were outstanding teachers; both of them urged and practiced great simplicity of life; both were regarded as traitors to the religion of their community; neither of them wrote anything; both of them were executed; and both have become the subject of traditions that are difficult or impossible to harmonize.
    Jaroslav Pelikan (b. 1932)

    Thought is the seed of action; but action is as much its second form as thought is its first.
    Ralph Waldo Emerson (1803–1882)