Indiana Code § 26-2-3-4

Assignee's right of action against endorsers; defenses
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Sec. 4. Any such assignee, having used due diligence in the premises, shall have his action against his immediate or any remote endorser, and in suit against a remote endorser, he shall have any defense which he might have had in a suit brought by his immediate assignee. Formerly: Acts 1861, c.75, s.4.

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