Assignment of a Fund

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A fund may be assigned in writing. The written acceptance of a draft will be treated as an assignment pro tanto of funds of the drawer in the hands of the acceptor.

(Civil Code 1895, § 3078; Civil Code 1910, § 3654; Code 1933, § 85-1804.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 6 Am. Jur. 2d, Assignments, §§ 51-54.

C.J.S.

- 6A C.J.S., Assignments, § 19.

ALR.

- Priority as between one who redelivers papers or securities not transferable by endorsement or delivery to pledgor or assignee and a bona fide purchaser from the latter, 37 A.L.R. 1540.

Enforceability in equity of assignment of part of a debt without the debtor's consent, 80 A.L.R. 413.

Meaning and scope of covenant in assignment of claim as regards legality or quality of claim, 91 A.L.R. 548.

Assignability of claim for tax refund, and rights of assignee in respect thereof, 134 A.L.R. 1202.


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