GroundRules
Tex. Business & Commerce Code § 9.401: ALIENABILITY OF DEBTOR'S RIGHTS.
Where this section sits in the code
- BUSINESS AND COMMERCE CODE
- TITLE 1. UNIFORM COMMERCIAL CODE
- CHAPTER 9. SECURED TRANSACTIONS
- SUBCHAPTER D. RIGHTS OF THIRD PARTIES
(a) 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 chapter.
(b) An agreement between the debtor and secured party that prohibits a transfer of the debtor's rights in collateral or makes the transfer a default does not prevent the transfer from taking effect.
Amended by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.
Collected 2026-08-27T01:46:56Z. Source file · JSON