§490:9-401 Alienability of debtor's rights. (a) Except as otherwise provided in subsection (b) and sections 490:9-406, 490:9-407, 490:9-408, and 490:9-409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.
(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. [L 2000, c 241, pt of §1]
Section: Previous 490-9-336 490-9-337 490-9-338 490-9-339 490-9-340 490-9-341 490-9-342 490-9-401 490-9-402 490-9-403 490-9-404 490-9-405 490-9-406 490-9-407 490-9-408 NextLast modified: October 27, 2016