Iowa Statutes

§ 539.2 — Assignment prohibited by instrument

Iowa § 539.2
JurisdictionIowa
Title XIIICOMMERCE
Ch. 539ASSIGNMENT OF ACCOUNTS AND NONNEGOTIABLE INSTRUMENTS

This text of Iowa § 539.2 (Assignment prohibited by instrument) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Iowa Code § 539.2 (2026).

Text

When by the terms of an instrument its assignment is prohibited, an assignment thereof shall nevertheless be valid, but the maker may make use of any defense or counterclaim against the assignee which the maker may have against any assignor thereof before notice of such assignment is given to the maker in writing. In case of conflict between this section and section 554.5112, 554.5113, 554.5114, 554.9404, or 554.9405, section 554.5112, 554.5113, 554.5114, 554.9404, or 554.9405 controls.

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Legislative History

[C51, §951; R60, §1798; C73, §2086; C97, §3046; C24, 27, 31, 35, 39, §9452; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §539.2]

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Bluebook (online)
Iowa § 539.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/539.2.