12.010 - Assignment of thing in action not to prejudice defense. - Nevada Statutes

12.010  Assignment of thing in action not to prejudice defense.  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)