2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
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.
History: (9166) RL s 4054
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.
History: (9166) RL s 4054
Official Publication of the State of Minnesota
Revisor of Statutes