| (2) | Unless the assignment agreement expressly provides otherwise, the assignee has power to:
| (a) | operate an existing business that uses an assigned asset, including preservation of the asset and collection on, or the sale, lease, license, or other disposition of, the asset; |
| (b) | incur secured or unsecured debt and pay expenses incidental to the exercise of the power under Subsection (1); |
| (c) | assert a right, claim, cause of action, or defense the assignor could have asserted that relates to the assignment estate; |
| (d) | engage professionals, including a professional previously engaged by the assignor, to give advice, to prosecute or defend litigation, or for other purposes as the assignee considers appropriate, and pay professionals reasonable fees for services from the assignment estate; |
| (e) | collect on, or sell, lease, license, or otherwise dispose of, an asset of the assignment estate regardless of whether the asset is subject to a lien or other encumbrance; |
| (f) | exercise a right to redeem an asset of the assignment estate that is subject to a mortgage, deed of trust, security interest, or other encumbrance; |
| (g) | settle a matter involving a debtor of the assignor; |
| (h) | prosecute or defend a litigation pending on the effective date of the assignment agreement in favor of or against the assignor in the manner and with the same effect as the assignor could have done if the assignment had not been made; |
| (i) | recover an asset in the manner and with the same effect as the assignor could have done if the assignment had not been made; |
| (j) | settle claims against the assignment estate; |
| (k) | abandon an assigned asset; |
| (l) | subject to Subsections (3) and (5), avoid a transfer or the incurrence of an obligation which a creditor that has filed a proof of claim could have avoided under other law if the assignment had not been made; and |
| (m) | invest funds, subject to applicable prudent investor standards under other law. |
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