Unless the buyer has notice of actual or intended assignment of a contract, payment thereunder made by the buyer to the last known holder of such contract shall be binding upon all subsequent holders or assignees.
History —June 19, 1964, No. 68, p. 192, § 2012, renumbered as § 212 on May 31, 1972, No. 78, p. 171, § 18, eff. 180 days after May 31, 1972.