539.3 Assignment of open account. An open account of sums of money due on contract may be assigned. The assignee, including a person who takes assignment for collection in the regular course of business,has a right of action on the account in the assignee’s own name, subject to the defenses andcounterclaims allowed against the instruments mentioned in section 539.2, before notice ofthe assignment is given to the debtor in writing by the assignee. In case of conflict, uniformcommercial code, section 554.9404 or 554.9405, controls. [C51, §952; R60, §1799; C73, §2087; C97, §3047; S13, §3047; C24, 27, 31, 35, 39, §9453; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §539.3; 82 Acts, ch 1235, §2] 2000 Acts, ch 1149, §174, 187Related provision, R.C.P. 1.205 Sat Dec 23 01:41:46 2023 Iowa Code 2024, Section 539.3 (16, 0)
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