{"data":{"id":"us-ky/krs-371.040","jurisdiction":"us-ky","citation":"KRS 371.040","heading":"Bonds, bills and notes assignable -- Effect of assignment.","body":"All bonds, bills or notes for money or property are assignable so as to vest the right of\naction in the assignee; but, except in the case of negotiable instruments, the assignment\nshall not impair the right to any defense, discount or set -off that the defe ndant has and\nmight have used against the original obligee, or any intermediate assignor, before the\ndefendant received notice of the assignment.","path":["KRS Chapter 371"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35223","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:07Z","sha256":"28a81253b7fe3983d82b17ca37ee70e5cd6b6fac40087cd8551a6c10bcc1a046","source_id":"us-ky","stale":false,"prev":"us-ky/krs-371.030","next":"us-ky/krs-371.050"},"notice":"GroundRules: Original legal text. Not legal advice."}