Alaska Statutes Title 45, Chapter 45.29, Article 04 - Rights of Third Parties

• Sec. 45.29.401 Alienability of Debtor's Rights.
  (a) Except as otherwise provided in (b) of this section and AS 45.29.406 - 45.29.409, whether a debtor's rights in collateral may be voluntarily...
• Sec. 45.29.402 Secured Party Not Obligated on Contract of Debtor or in Tort.
  The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not...
• Sec. 45.29.403 Agreement Not to Assert Defenses Against Assignee.
  (a) In this section, the issue of whether an assignment is taken for value is governed by the provisions of AS 45.03.303 (a).(b) Except...
• Sec. 45.29.404 Rights Acquired by Assignee; Claims and Defenses Against Assignee.
  (a) Unless an account debtor has made an enforceable agreement not to assert defenses or claims, and subject to (b) - (e) of this...
• Sec. 45.29.405 Modification of Assigned Contract.
  (a) A modification of or substitution for an assigned contract is effective against an assignee if made in good faith. The assignee acquires corresponding...
• Sec. 45.29.406 Discharge of Account Debtor; Notification of Assignment; Identification and Proof of Assignment; Restrictions on Assignment of Accounts, Chattel Paper, Payment Intangibles, and Promissory Notes Ineffective.
  (a) Subject to (b) - (i) of this section, an account debtor on an account, chattel paper, or a payment intangible may discharge its...
• Sec. 45.29.407 Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor's Residual Interest.
  (a) Except as otherwise provided in (b) of this section, a term in a lease agreement is ineffective to the extent that it(1) prohibits,...
• Sec. 45.29.408 Restrictions on Assignment of Promissory Notes, Health-Care-Insurance Receivables, and Certain General Intangibles Ineffective.
  (a) Except as otherwise provided in (b) of this section, a term in a promissory note or in an agreement between an account debtor...
• Sec. 45.29.409 Restrictions on Assignment of Letter-Of-credit Rights Ineffective.
  (a) A term in a letter of credit or a rule of law, statute, regulation, custom, or practice applicable to the letter of credit...

Last modified: November 15, 2016