Nevada § 104.9403 - Agreement not to assert defenses against assignee
Full text of Nevada Nevada Revised Statutes § 104.9403 — Agreement not to assert defenses against assignee, with citation guidance and answers to common questions.
§ 104.9403. Agreement not to assert defenses against assignee
1. In this section, “value” has the meaning provided in subsection 1 of NRS 104.3303 . 2. Except as otherwise provided in this section, an agreement between an account debtor
and an assignor not to assert against an assignee any claim or defense that the account
debtor may have against the assignor is enforceable by an assignee that takes an assignment: (a) For value; (b) In good faith; (c) Without notice of a claim of a property or possessory right to the property assigned;
and (d) Without notice of a defense or claim in recoupment of the type that may be asserted
against a person entitled to enforce a negotiable instrument under subsection 1 of NRS 104.3305 . 3. An agreement described in subsection 2 is not enforceable with respect to defenses
of a type that may be asserted against a holder in due course of a negotiable instrument
under subsection 2 of NRS 104.3305 . 4. In a consumer transaction, if a record evidences the account debtor's obligation,
law other than this article requires that the record include a statement to the effect
that the rights of an assignee are subject to claims or defenses that the account
debtor could assert against the original obligee, and the record does not include
such a statement: (a) The record has the same effect as if the record included such a statement; and (b) The account debtor may assert against an assignee those claims and defenses that
would have been available if the record included such a statement. 5. This section is subject to law other than this article which establishes a different
rule for an account debtor who is a natural person and who incurred the obligation
primarily for personal, family or household purposes. 6. Except as otherwise provided in subsection 4, this section does not displace law
other than this article which gives effect to an agreement by an account debtor not
to assert a claim or defense against an assignee.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.9403
What does Nevada Revised Statutes § 104.9403 cover?
Section 104.9403 ("Agreement not to assert defenses against assignee") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 104.9403?
A common citation format is "Nevada Revised Statutes § 104.9403" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 104.9403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.