Unless notice has been given to the retail buyer of actual or intended assignment of a retail installment contract or installment loan contract, payment thereunder or tender thereof made by the retail buyer to the last-known holder of such contract shall be binding upon such subsequent holder or assignee.
Conn. Gen. Stat. § 36a-780
(Formerly Sec. 42-93). Payments after assignment
(1949 Rev., S. 6699, (a) 5; 1957, P.A. 361, S. 1 (a) 5.) History: Sec. 42-93 transferred to Sec. 36a-780 in 1995.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.