ASSIGNMENT OF THING IN ACTION.

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5-302. ASSIGNMENT OF THING IN ACTION. In the case of an assignment of a thing in action, the action by the assignee is without prejudice to any set-off, or other defense existing at the time of, or before, notice of the assignment; but this section does not apply to a negotiable instrument transferred, in good faith and upon good consideration, before maturity.

History:

[(5-302) C.C.P. 1881, sec. 183; R.S., R.C., & C.L., sec. 4091; C.S., sec. 6635; I.C.A., sec. 5-302.]


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