31-2-212. Assignee takes subject to rights of third parties.
46 words·~1 min read·
/mt/title-31/chapter-2/part-2/31-2-212·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
31-2-212 . Assignee takes subject to rights of third parties. An assignee for the benefit of creditors is not to be regarded as a purchaser for value and has no greater rights than the assignor has in respect to things in action transferred by the assignment.