Louisiana Civil Code 1900 – Assignment by obligee
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Terms Used In Louisiana Civil Code 1900
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
An obligor who has consented to an assignment of the credit by the obligee to a third party may not claim against the latter any compensation that otherwise he could have claimed against the former.
An obligor who has been given notice of an assignment to which he did not consent may not claim compensation against the assignee for an obligation of the assignor arising after that notice.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.