Conn. Gen. Stat. § 36a-779

Current with legislation from the 2024 Regular and Special Sessions.
Section 36a-779 - (Formerly Sec. 42-92). Assignment of contract

Any sales finance company may purchase or acquire from the original holder thereof or from any other sales finance company any retail installment contract or any installment loan contract on such terms and conditions as may be mutually agreed upon not inconsistent with the provisions of sections 36a-770 to 36a-788, inclusive, 42-100b and 42-100c. Such contracts constitute chattel paper, as defined in subdivision (11) of subsection (a) of section 42a-9-102, and are governed by article 9 of title 42a except as otherwise provided in said sections.

Conn. Gen. Stat. § 36a-779

(1949 Rev., S. 6699, (d); 1957, P.A. 361, S. 1 (e); 1961, P.A. 116, S. 21; P.A. 01-132, S. 171.)

Annotation to former section 42-92: Waiver of defense clause in consumer goods credit transaction void as against public policy in Connecticut. 158 Conn. 543.

See Sec. 42a-9-203 re attachment and enforceability of security interests.