(a) Except as otherwise provided in subsection (b) and ยงยง 4-9-406 -- 4-9-409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this chapter.
(b) An agreement between the debtor and secured party which prohibits a transfer of the debtor's rights in collateral or makes the transfer a default does not prevent the transfer from taking effect.
Section: 4-9-402 4-9-403 4-9-404 4-9-405 4-9-406 4-9-407 4-9-408 4-9-409 NextLast modified: November 15, 2016