There is a newer version of the Minnesota Statutes
2016 Minnesota Statutes
Chapters 540 - 552 — CIVIL PROCEDURE
Chapter 540 — PARTIES TO ACTIONS
Section 540.03 — ACTION BY ASSIGNEE; SETOFF SAVED; EXCEPTION.
MN Stat § 540.03 (2016) What's This?
540.03 ACTION BY ASSIGNEE; SETOFF SAVED; EXCEPTION. If a thing in action be assigned, an action thereon by the assignee shall be without prejudice to any setoff or defense existing at the time or before notice of the assignment; but this section does not apply to negotiable paper, transferred in good faith and upon good consideration before due.
History: (9166) RL s 4054
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