SCOPE OF ASSIGNMENT

As a general rule, all contract rights may be assigned, except where:

(1) the assignment is prohibited by statute;

(2) the contract to be assigned is for personal services, unless all that remains under the contract is a money payment for services previously rendered;

(3) the assignment would materially increase the risk or alter the duties of the obligor; or

4) the contract specifically forbids assignment.

• There are exceptions to this exception, namely the contract may not prevent the assignment of

(a) the right to receive money,

(b) rights in, or the alienation of, real property,

(c) negotiable instruments, or

(d) the right to recover damages for breach of contract or for payment of an account under the UCC.