An assignee for the benefit of creditors is not to be regarded as a purchaser for value and has no greater rights than the assignor has in respect to things in action transferred by the assignment.
Mont. Code Ann. § 31-2-212
Assignee takes subject to rights of third parties
Applied in 1 court decision — leading case Horton v. Rehbein (In Re Rehbein) (1986)
Most recently applied in Horton v. Rehbein (In Re Rehbein) (March 1986)
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.