539.2 Assignment prohibited by instrument. 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 counterclaimagainst the assignee which the maker may have against any assignor thereof before noticeof such assignment is given to the maker in writing. In case of conflict between this sectionand 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. [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] 94 Acts, ch 1167, §5, 122; 96 Acts, ch 1026, §18; 2000 Acts, ch 1149, §173, 187Referred to in §539.3Related provision, R.C.P. 1.205 Sat Dec 23 01:41:46 2023 Iowa Code 2024, Section 539.2 (16, 0)
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