State Codes and Statutes

Statutes > Connecticut > Title36a > Chap669 > Sec36a-780

      Sec. 36a-780. (Formerly Sec. 42-93). Payments after assignment. Unless notice has been given to the retail buyer of actual or intended assignment of a retail installment contract or installment loan contract, payment thereunder or tender thereof made by the retail buyer to the last-known holder of such contract shall be binding upon such subsequent holder or assignee.

      (1949 Rev., S. 6699, (a) 5; 1957, P.A. 361, S. 1 (a) 5.)

      History: Sec. 42-93 transferred to Sec. 36a-780 in 1995.

      See Sec. 42a-9-203 re attachment and enforceability of security interests.