2006 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 336 Uniform Commercial Code
Section 336.9-401 ALIENABILITY OF DEBTOR'S RIGHTS.
336.9-401 MS 1998 [Repealed, 2000 c 399 art 1 s 140]
336.9-401 ALIENABILITY OF DEBTOR'S RIGHTS.
(a) Other law governs alienability; exceptions. Except as otherwise provided in subsection
(b) and sections
336.9-406,
336.9-407,
336.9-408, and
336.9-409, whether a debtor's rights in
collateral may be voluntarily or involuntarily transferred is governed by law other than this article.
(b) Agreement does not prevent transfer. 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.
History: 2000 c 399 art 1 s 63
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