Sec. 1699. To Whom Payment May Be Made
Description
This section is from the book "The Law Of Contracts", by William Herbert Page. Also available from Amazon: Commercial Contracts: A Practical Guide to Deals, Contracts, Agreements and Promises.
Sec. 1699. To Whom Payment May Be Made
If the debtor makes a payment to the assignee of the debt, after the assignment, and with knowledge of it, such payment waives the bar of the statute.1 If, however, the debtor makes a payment after the assignment and without knowledge thereof, to the assignor, such payment does not waive the bar of the statute.2
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