Indiana § 26-1-9.1-401 Alienability of debtor's rights

Indiana Statutes

§ 26-1-9.1-401 — Alienability of debtor's rights

Indiana § 26-1-9.1-401

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 9.1Secured Transactions

This text of Indiana § 26-1-9.1-401 (Alienability of debtor's rights) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-9.1-401 (2026).

Text

(a)Except as otherwise provided in subsection (b) and IC 26-1-9.1-406, IC 26-1-9.1-407, IC 26-1-9.1-408, and IC 26-1-9.1-409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than IC 26-1-9.1.

(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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(a) Except as otherwise provided in
subsection (b) and IC 26-1-9.1-406, IC 26-1-9.1-407, IC 26-1-9.1-408,
and IC 26-1-9.1-409, whether a debtor's rights in collateral may be
voluntarily or involuntarily transferred is governed by law other than
IC 26-1-9.1.
(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.