I now think you are correct in your prior reading of 7(b) regarding when a receivable may be assignable.   I think it is somewhat odd.


Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732
(713) 646-3393 (fax)
mary.cook@enron.com