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California Civil Code Section 1459

Legal Research Home > California Laws > Civil Code > California Civil Code Section 1459

1459.  A non-negotiable written contract for the payment of money or
personal property may be transferred by indorsement, in like manner
with negotiable instruments. Such indorsement shall transfer all the
rights of the assignor under the instrument to the assignee, subject
to all equities and defenses existing in favor of the maker at the
time of the indorsement.

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Last modified: March 17, 2014