Pennsylvania law 42 Pa.C.S. 8335 limits damages for the conversion of stocks, bonds, or similar property with fluctuating value to the difference between the proceeds received and the highest value reached after notice of conversion. If facts are undisputed, the court sets the reasonable period for determining this highest value. The section also references amendments and related transportation laws.
This law covers stocks, bonds, and similar property that have a fluctuating value.
Damages are limited to the difference between the proceeds received and the highest value the property reached after notice of conversion.
Yes, if the facts are undisputed, the court will set the reasonable period as a matter of law.
No, it specifically applies to stocks, bonds, or similar property of fluctuating value.