KRS 355.9-401: Alienability of debtor's rights.

(1) Except as otherwise provided in subsection (2) of this section and KRS 355.9 -406,

355.9-407, 355.9-408, and 355.9-409, whether a debtor's rights in collateral may be

voluntarily or involuntarily transferred is governed by law other than this article.

(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.