Section 9--401. Alienability of Debtor's Rights  


Latest version.
  • (a) Other  law  governs  alienability; exceptions. Except as otherwise
      provided in subsection (b) and  Sections  9--406,  9--407,  9--408,  and
      9--409,  whether  a  debtor's rights in collateral may be voluntarily or
      involuntarily transferred is governed by law other than this article.
        (b) Agreement does not prevent  transfer.  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.