Section 540.03 — Action By Assignee; Setoff Saved; Exception.

MN Stat § 540.03 (2019) (N/A)
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If a thing in action be assigned, an action thereon by the assignee shall be without prejudice to any setoff or defense existing at the time or before notice of the assignment; but this section does not apply to negotiable paper, transferred in good faith and upon good consideration before due.

History: (9166) RL s 4054