70A-9a-401. Alienability of debtor's rights.
(1) Except as otherwise provided in Subsection (2) and Sections 70A-9a-406,
70A-9a-407, 70A-9a-408, and 70A-9a-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.
Enacted by Chapter 252, 2000 General Session
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Last revised: Thursday, May 28, 2009