Montana § 30-9A-401 Alienability Of Debtor's Rights

Montana Statutes

§ 30-9A-401 — Alienability Of Debtor's Rights

Montana·Title 30 TRADE AND COMMERCE·Ch. 9A UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS·Part 4 Rights of Third Parties

30-9A-401 . Alienability of debtor's rights.

(1)Except as otherwise provided in 30-9A-406 through 30-9A-409 and subsection (2) of this section, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by applicable law other than this chapter.

(2)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.

Free access — add to your briefcase to read the full text and ask questions with AI

30-9A-401 . Alienability of debtor's rights. (1) Except as otherwise provided in 30-9A-406 through 30-9A-409 and subsection (2) of this section, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by applicable law other than this chapter.
(2) 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.

Montana § 30-9A-401 (Alienability Of Debtor's Rights) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.