Minn. Stat. § 540.03

Current through Register Vol. 49, No. 8, August 19, 2024
Section 540.03 - ACTION BY ASSIGNEE; SETOFF SAVED; EXCEPTION

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.

Minn. Stat. § 540.03

(9166) RL s 4054