Statute · New York Personal Property Law
N.Y. Pers. Prop. Law § 406 — Notice of assignment; payments
N.Y. Pers. Prop. Law § 406
- Type
- Statute
- Source
- New York Personal Property Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 406. Notice of assignment; payments. Unless the buyer has notice of actual or intended assignment of a contract, obligation, or credit agreement payment thereunder made by the buyer to the last known holder of such contract, obligation or credit agreement shall be binding upon all subsequent…
Citator
N.Y. Pers. Prop. Law § 406 — Notice of assignment; payments is in force in the current edition of the Code, and nothing recorded condemns it.
§ 406. Notice of assignment; payments. Unless the buyer has notice of actual or intended assignment of a contract, obligation, or credit agreement payment thereunder made by the buyer to the last known holder of such contract, obligation or credit agreement shall be binding upon all subsequent holders or assignees.