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2019 Alaska Statutes
Title 45. Trade and Commerce
Chapter 29. Secured Transactions
Article 4. Rights of Third Parties.
Sec. 45.29.401. Alienability of debtor's rights.
Universal Citation: AK Stat § 45.29.401 (2019)
(a) Except as otherwise provided in (b) of this section and AS 45.29.406 - 45.29.409, 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.
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