Nevada § 104.9401 Alienability of debtor’s rights

Nevada Statutes

§ 104.9401 — Alienability of debtor’s rights

Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· Rights of Third Parties

1.Except as otherwise provided in subsection 2 and NRS 104.9406 to 104.9409 , inclusive, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.

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 NRS 104.9406 to 104.9409 , inclusive, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.
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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