74.4  Assignment of obligation.

When a nonnegotiable interest-bearing obligation is assigned or transferred, the assignee or transferee shall notify the treasurer in writing of the assignment or transfer and of the post-office address of the assignee or transferee. Upon receiving notification, the treasurer accordingly shall correct the record maintained under section 74.3 or 331.554, subsection 5, paragraph "b" as applicable.

Section History: Early form

  [C24, 27, 31, § 7497; C35, § 1171-f4; C39, § 1171.14; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 74.4; 82 Acts, ch 1048, § 2]

Internal References

  Referred to in § 331.554


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