Liability of assignees

§ 413. Liability of assignees (a) Chapter 1 of the Truth in Lending Act (15 U.S.C. 1601-1613) is amended by adding at the end thereof a new section as follows: “§ 115. Liability of assignees “Except as otherwise specifically provided in this title, any civil action for a violation of this title which may be brought against the original creditor in any credit transaction may be maintained against any subsequent assignee of the original creditor where the violation from which the alleged liability arose is apparent on the face of the instrument assigned unless the assignment is involuntary.” (b) The analysis of such chapter is amended by adding at the end thereof a new item as follows: “115. Liability of assignees.”.