Legislation
SECTION 406
Notice of assignment; payments
Personal Property (PEP) CHAPTER 41, ARTICLE 10
§ 406. Notice of assignment; payments. Unless the buyer has notice of
actual or intended assignment of a contract, obligation, or credit
agreement payment thereunder made by the buyer to the last known holder
of such contract, obligation or credit agreement shall be binding upon
all subsequent holders or assignees.
actual or intended assignment of a contract, obligation, or credit
agreement payment thereunder made by the buyer to the last known holder
of such contract, obligation or credit agreement shall be binding upon
all subsequent holders or assignees.