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3942a — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirty-one - Civil Code (§§ 1 — 5305)/
  5. Subtitle 4 - Obligations and Contracts/
  6. Part IV - Contracts of Purchase and Sale/
  7. Chapter 291 - Transmission of Credits and Other Incorporeal Rights § 3942a - Assignment Not to Prejudice Rights/
  8. 3942a
Puerto Rico Legal Code

3942a

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In the case of an assignment of a matter in dispute, the action by the assignee is without prejudice to any set-off or other right existing at the time of notice of the assignment, or before, but this is not applicable to the cession of a negotiable instrument transferred in good faith and for value received before maturity. History —Civil Code, 1930, added as § 1417A on May 12, 1980, No. 39, p. 101, § 1.