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5 1107 — New York Law | CourtGPT
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  6. Title 11 - Consideration; Effect of Writing on Requirement of Consideration5-1101 - Agreements Relating to Securities/
  7. 5 1107
New York Legal Code

5 1107

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An assignment shall not be denied the effect of irrevocably transferring the assignor's rights because of the absence of consideration, if such assignment is in writing and signed by the assignor, or by his agent.