Arizona Statutes
§ 47-9401 — Alienability of debtor's rights
A.Except as otherwise provided in subsection B of this section and sections 47-9406, 47-9407, 47-9408 and 47-9409, 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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Related
Baird v. Pace
752 P.2d 507 (Court of Appeals of Arizona, 1987)
Arizona Ammonia of Tucson, Inc. v. Mission Bank
732 P.2d 591 (Court of Appeals of Arizona, 1986)
Mastro v. Witt
39 F.3d 238 (Ninth Circuit, 1994)
Nearby Sections
15
§ 47-10101
Provision for transition§ 47-1101
Short title§ 47-1102
Scope of chapter§ 47-1103
Construction to promote purposes and policies; applicability of supplemental principles of law§ 47-1104
Construction against implied repeal§ 47-1105
Severability§ 47-1106
Use of singular and plural; gender§ 47-1107
Section captions§ 47-1201
General definitions§ 47-1202
Notice; knowledge§ 47-1204
Value§ 47-1205
Reasonable time; "seasonably"§ 47-1206
Presumptions