Sec. 412. Notice of Assignment — The buyer or lessee is authorized to pay the original seller or lessor until the buyer or lessee receives notification of assignment of the rights to payment pursuant to a consumer credit sale or consumer lease and that payment is to be made to the assignee. A notification which does not reasonably identify the rights assigned is ineffective. If requested by the buyer or lessee, the assignee must seasonably furnish reasonable proof that the assignment has been made and unless he does so the buyer or lessee may pay the seller or lessor.
Formerly: Acts 1971, P.L.366, SEC.3.
Structure Indiana Code
Article 4.5. Uniform Consumer Credit Code
24-4.5-2-106. "Consumer Lease"
24-4.5-2-108. "Revolving Charge Account"
24-4.5-2-109. "Credit Service Charge"
24-4.5-2-111. "Amount Financed"
24-4.5-2-203.5. Delinquency Charges
24-4.5-2-204. Deferral Charges
24-4.5-2-205. Credit Service Charge on Refinancing
24-4.5-2-206. Credit Service Charge on Consolidation
24-4.5-2-208. Advances to Perform Covenants of Buyer
24-4.5-2-210. Rebate Upon Prepayment
24-4.5-2-301. Disclosures Required by Consumer Credit Protection Act; Exempt Transactions
24-4.5-2-402. Use of Multiple Agreements
24-4.5-2-405. Balloon Payments
24-4.5-2-406. Restriction on Liability in Consumer Lease
24-4.5-2-407. Security Interests
24-4.5-2-407.5. Leasing of Live Domestic Animals Prohibited
24-4.5-2-408. Cross-Collateral
24-4.5-2-409. Debt Secured by Cross-Collateral
24-4.5-2-410. No Assignment of Earnings
24-4.5-2-412. Notice of Assignment
24-4.5-2-414. Limitation on Default Charges
24-4.5-2-415. Authorization to Confess Judgment Prohibited
24-4.5-2-501. "Home Solicitation Sale"
24-4.5-2-502. Buyer's Right to Cancel
24-4.5-2-601. Sale Subject to Article by Agreement of Parties
24-4.5-2-603. Applicability of Other Provisions to Consumer Related Sales
24-4.5-2-604. Limitation on Default Charges in Consumer Related Sales