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Cal. Rules of Court, rule 368
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§ 368 In the case of an assignment of a thing in action, the action by the assignee is without prejudice to any set-off, or other defense existing at the ti…

Part 2: Of Civil Actions | Title 3: Of the Parties to Civil Actions | Chapter 1: General Provisions

Rule Text

In the case of an assignment of a thing in action, the action by the assignee is without prejudice to any set-off, or other defense existing at the time of, or before, notice of the assignment; but this section does not apply to a negotiable promissory note or bill of exchange, transferred in good faith, and upon good consideration, before maturity.

Amendment history: Enacted 1872.