Section 28-2303 - Assignment of nonnegotiable contract

Assignment of nonnegotiable contract

An owner of a nonnegotiable written agreement for the payment of money, including a nonnegotiable bill of exchange and a promissory note, or for the delivery of personal property, an open account, debt, and demand of a liquidated character, except a claim against the United States or the salary of a public officer, may assign it in writing, and the assignee may maintain an action thereon in his own name.

CREDIT(S)

(Aug. 30, 1964, 78 Stat. 669, Pub. L. 88-509, § 1.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 28-2303.
1973 Ed., § 28-2303.

Current through September 13, 2012