RCW 62A.9A-405
Modification of assigned contract.
(Effective until July 1, 2013.)
(a) Effect of modification on
assignee. A modification of or substitution for an assigned
contract is effective against an assignee if made in good faith. The assignee acquires corresponding rights under the modified or
substituted contract. The assignment may provide that the
modification or substitution is a breach of contract by the
assignor. This subsection is subject to subsections (b) through
(d) of this section.
(b) Applicability of subsection (a) of this section.
Subsection (a) of this section applies to the extent that:
(1) The right to payment or a part thereof under an assigned
contract has not been fully earned by performance; or
(2) The right to payment or a part thereof has been fully
earned by performance and the account debtor has not received
notification of the assignment under RCW 62A.9A-406(a).
(c) Rule for individual under other law. This section is
subject to law other than this Article which establishes a
different rule for an account debtor who is an individual and who
incurred the obligation primarily for personal, family, or
household purposes.
(d) Inapplicability to health-care-insurance receivable.
This section does not apply to an assignment of a
health-care-insurance receivable.
[2000 c 250 § 9A-405.]
RCW 62A.9A-405
Modification of assigned contract.
(Effective July 1, 2013.)
(a) Effect of modification on
assignee. A modification of or substitution for an assigned
contract is effective against an assignee if made in good faith.
The assignee acquires corresponding rights under the modified or
substituted contract. The assignment may provide that the
modification or substitution is a breach of contract by the
assignor. This subsection is subject to subsections (b) through
(d) of this section.
(b) Applicability of subsection (a) of this section.
Subsection (a) of this section applies to the extent that:
(1) The right to payment or a part thereof under an assigned
contract has not been fully earned by performance; or
(2) The right to payment or a part thereof has been fully
earned by performance and the account debtor has not received
notification of the assignment under RCW 62A.9A-406(a).
(c) Rule for individual under other law. This section is
subject to law other than this Article which establishes a
different rule for an account debtor who is an individual and who
incurred the obligation primarily for personal, family, or
household purposes.
(d) Inapplicability to health-care-insurance receivable.
This section does not apply to an assignment of a
health-care-insurance receivable.
[2011 c 74 § 716; 2000 c 250 § 9A-405.]
NOTES:
Application -- Correction of references -- Effective date -- 2011 c 74: See notes following RCW 62A.9A-102.