Nevada Revised Statutes (Last Updated: December 24, 2014)

NRS12.010. Assignment of thing in action not to prejudice defense.

Latest version.

Except as provided for secured transactions in chapter 104 of NRS, in the case of an assignment of a thing in action, the action by the assignee shall be without prejudice to any setoff or other defense existing at the time of, or before notice of, the assignment; but this section shall not apply to a negotiable promissory note, or bill of exchange, transferred in good faith and upon good consideration before due.

[1911 CPA § 46; RL § 4988; NCL § 8545]—(NRS A 1965, 913)

                    
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