The effective conditions of the assignment of creditor's rights are as follows:
1. The assignment of creditor's rights must have an effective contract;
2. The transferred creditor's rights must be assignable;
3. The creditor and the transferee must reach an agreement on the assignment of creditor's rights;
4. The debtor must be notified of the assignment of creditor's rights;
5. The assignment of creditor's rights must comply with certain procedures.
Restrictions on assignment of creditor's rights:
1. The nature of creditor's rights shall not be transferred;
2. The parties agree that the transfer is not allowed;
3. It is not allowed to transfer according to the law.
If the parties agree that non monetary claims may not be transferred, they may not act against a bona fide third party. If the parties agree that monetary claims may not be transferred, they may not act against a third party.
[Legal Basis]
In Article 545 of the Civil Code, a creditor may assign all or part of his creditor's rights to a third person, except in any of the following circumstances:
（1） It shall not be transferred according to the nature of creditor's rights;
（2） It shall not be transferred as agreed by the parties;
（3） It shall not be transferred in accordance with the law.
If the parties agree that non monetary claims may not be transferred, they may not act against a bona fide third party. If the parties agree that monetary claims may not be transferred, they may not act against a third party.
