Arkansas Statutes

§ 4-9-401 — Alienability of debtor's rights

Arkansas·Title 4
(a)Except as otherwise provided in subsection (b) and §§ 4-9-406 - 4-9-409 , 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 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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Legislative History

Acts 2001, No. 1439, § 1.

Nearby Sections

15
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