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Something I'm sure will cause contraversy!


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Posted by computerguy (204.180.131.3) on May 07, 2004 at 08:31:47:

Contracts are assignable but Credit card
agreements are a special species and not assignable.

I.e. "As a general rule, all contracts are assignable . . . . An
exception to this rule is that a contract that relies on the personal trust,
confidence, skill, character or {credit} of the parties, may not be assigned without the consent of the parties." See Crim Truck & Tractor Co. v. Navistar Int'l 823 S.W.2d 591, 596 (Tex. 1992).
See also Southern Community Gas Co. v. Houston Natural Gas Corp., 197 S.W.2d 488, 489-90
(Tex.Civ.App. - San Antonio 1946, writ ref'd n.r.e.), and Moore v. Mohon,514 S.W. 2d 508, 513
(TexCiv. App. - Waco 1974, no writ). Most rights under contracts are assignable. 2 R.C.L. 598.




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