North Dakota § 41-09-63 (9-401) Alienability of debtor's rights

North Dakota Statutes

§ 41-09-63 — (9-401) Alienability of debtor's rights

North Dakota § 41-09-63

Title 41Uniform Commercial Code

Ch. 41-09Secured Transactions

This text of North Dakota § 41-09-63 ((9-401) Alienability of debtor's rights) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 41-09-63 (2026).

Text

1.Except as otherwise provided in subsection 2 and sections 41-09-68 through 41-09-71, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this chapter.

2.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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1. Except as otherwise provided in subsection 2 and sections 41-09-68 through
41-09-71, whether a debtor's rights in collateral may be voluntarily or involuntarily
transferred is governed by law other than this chapter.
2. 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.