679.40111 Alienability of debtor’s rights.—
(1) Except as otherwise provided in subsection (2) and ss. 679.4061, 679.4071, 679.4081, and 679.409, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this chapter.
(2) 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.
History.—s. 4, ch. 2001-198.
Section: 679.40111 679.4021 679.4031 679.4041 679.4051 679.4061 679.4071 679.4081 679.409 NextLast modified: September 23, 2016