Notice of Assignment; Payments

Act 464 of 1963, § 401, under HOME IMPROVEMENT FINANCE ACT.

Act 464 of 1963, § 401

Section 401. Notice of Assignment; Payments.--Unless the buyer has notice of the actual or intended assignment of a home improvement installment contract, payment thereunder made by the buyer to the last known holder of such contract shall be binding upon all subsequent holders or assignees.