§ 12.010 — Assignment of thing in action not to prejudice defense

Except as provided for secured transactions in chapters 104 to 104C, inclusive, of NRS, in the case of an assignment of a thing in action, the action by the assignee shall be without prejudice to any setoff or other defense existing at the time of, or before notice of, the assignment; but this section shall not apply to a negotiable promissory note, or bill of exchange, transferred in good faith and upon good consideration before due.

Legislative History

[1911 CPA § 46; RL § 4988; NCL § 8545]—(NRS A 1965, 913 )