Indiana § 24-4.5-2-412 Notice of assignment

Indiana Statutes

§ 24-4.5-2-412 — Notice of assignment

Indiana § 24-4.5-2-412

Art. 4.5UNIFORM CONSUMER CREDIT CODE

Ch. 2Credit Sales

This text of Indiana § 24-4.5-2-412 (Notice of assignment) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 24-4.5-2-412 (2026).

Text

Notice of Assignment — The buyer or
lessee is authorized to pay the original seller or lessor until the buyer
or lessee receives notification of assignment of the rights to payment
pursuant to a consumer credit sale or consumer lease and that payment
is to be made to the assignee. A notification which does not reasonably
identify the rights assigned is ineffective. If requested by the buyer or
lessee, the assignee must seasonably furnish reasonable proof that the
assignment has been made and unless he does so the buyer or lessee
may pay the seller or lessor.
Formerly: Acts 1971, P.L.366, SEC.3.

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Notice of Assignment — The buyer or
lessee is authorized to pay the original seller or lessor until the buyer
or lessee receives notification of assignment of the rights to payment
pursuant to a consumer credit sale or consumer lease and that payment
is to be made to the assignee. A notification which does not reasonably
identify the rights assigned is ineffective. If requested by the buyer or
lessee, the assignee must seasonably furnish reasonable proof that the
assignment has been made and unless he does so the buyer or lessee
may pay the seller or lessor.
Formerly: Acts 1971, P.L.366, SEC.3.