There is a newer version of the Maryland Code
2013 Maryland Code
COMMERCIAL LAW
§ 9-401 - Alienability of debtor's rights
MD Comm L Code § 9-401 (2013) What's This?
§9-401.
(a) Except as otherwise provided in subsection (b) and §§ 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 title.
(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.
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