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.
| EnactedEn. SectionSec. 4521, Civil CodeCiv. C. 1895 |
| ReenactedRe-en. SectionSec. 6147, RevisedRev. CodeC. 1907 |
| ReenactedRe-en. SectionSec. 8623, Revised Codes of MontanaR.C.M. 1921 |
| CaliforniaCal. Civil CodeCiv. C. SectionSec. 3460 |
| Field Code of New YorkField Civil CodeCiv. C. SectionSec. 1935 |
| ReenactedRe-en. SectionSec. 8623, Revised Codes of MontanaR.C.M. 1935 |
| Revised Codes of MontanaR.C.M. 1947, 18-312 |
| AmendedAmd. SectionSec. 992, ChapterCh. 56, Laws ofL. 2009 (HB 37 - Campbell, Margarett (D) HD 31) |