Oregon Statutes - Chapter 80 - Assignment; Central Filing System for Farm Products - Section 80.020 - Effect of an assignment on a defense.

In the case of an assignment of a thing in action, an action or suit by the assignee is without prejudice to any setoff or other defense existing at the time of, or before notice of the assignment; but this section does not apply to a negotiable instrument transferred in good faith and upon good consideration before due.

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Last modified: August 7, 2008