Assignment of open account.

An open account of sums of money due on contract may be assigned. The assignee, including a person who takes assignment for collection in the regular course of business, has a right of action on the account in the assignee’s own name, subject to the defenses and counterclaims allowed against the instruments mentioned in section 539.2 , before notice of the assignment is given to the debtor in writing by the assignee. In case of conflict, uniform commercial code, section 554.9404 or 554.9405 , controls. [C51, §952; R60, §1799; C73, §2087; C97, §3047; S13, §3047; C24, 27, 31, 35, 39, § 9453; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §539.3 ; 82 Acts, ch 1235, §2 ] 2000 Acts, ch 1149, §174, 187 Related provision, R.C.P. 1.205