Assignment of things in action

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In the case of an assignment of a thing in action, the action by the assignee shall be without prejudice to any setoff or other defense existing at the time of or before notice of the assignment; but this subsection shall not apply to a negotiable instrument transferred in good faith and upon valuable consideration before due. In the case of an assignment of an account in a secured transaction, the provisions of Article 9 of Title 11A shall apply.


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