Utah Code 70A-9a-405. Modification of assigned contract
Current as of: 2023 | Check for updates
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(1) | A modification of or substitution for an assigned contract is effective against an assignee if made in good faith. The assignee acquires corresponding rights under the modified or substituted contract. The assignment may provide that the modification or substitution is a breach of contract by the assignor. This Subsection (1) is subject to Subsections (2) through (4). |
(2) | Subsection (1) applies to the extent that:
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(3) | This section is subject to law other than this chapter which establishes a different rule for an account debtor who is an individual and who incurred the obligation primarily for personal, family, or household purposes. |
(4) | This section does not apply to an assignment of a health-care-insurance receivable. |
Enacted by Chapter 252, 2000 General Session