Sec. 4. Any such assignee, having used due diligence in the premises, shall have his action against his immediate or any remote endorser, and in suit against a remote endorser, he shall have any defense which he might have had in a suit brought by his immediate assignee.
Formerly: Acts 1861, c.75, s.4.
Structure Indiana Code
Article 2. Commercial Transactions
Chapter 3. Negotiable Instruments
26-2-3-1. Negotiability by Endorsement
26-2-3-2. Assignee's Right of Action
26-2-3-3. Availability of Defense or Set-Off Against Assignee
26-2-3-4. Assignee's Right of Action Against Endorsers; Defenses
26-2-3-6. Negotiability of Notes Payable to Order or Bearer in a Bank
26-2-3-7. Damages Payable on Protest for Nonpayment or Nonacceptance of Bill of Exchange
26-2-3-8. Interest on Protested Bill of Exchange
26-2-3-10. Limitation of Damages Against Drawer or Endorser of Protested Bill of Exchange
26-2-3-11. Necessity of Consideration
26-2-3-12. Bill Payable Out of State; Effect of Provision of Means for Discharge Within State