Louisiana Civil Code 2644 – Performance by debtor before knowledge of assignment
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Terms Used In Louisiana Civil Code 2644
- 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.
When the debtor, without knowledge or notice of the assignment, renders performance to the assignor, such performance extinguishes the obligation of the debtor and is effective against the assignee and third persons.
Acts 1993, No. 841, §1, eff. Jan. 1, 1995.