Any plaintiff in judgment or transferee may in good faith and for a valuable consideration transfer any execution to a third person. In all cases the transferee of any execution shall have the same rights and shall be subject to the same equities and the same defenses as was the original plaintiff in judgment.
(Laws 1829, Cobb's 1851 Digest, p. 499; Code 1863, § 3516; Code 1868, § 3539; Code 1873, § 3597; Code 1882, § 3597; Civil Code 1895, § 5374; Civil Code 1910, § 5969; Code 1933, § 39-401.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 30 Am. Jur. 2d, Executions and Enforcement of Judgments, § 8.
C.J.S.- 33 C.J.S., Executions, §§ 132, 133.