Oklahoma § 12A-1-9-401 Alienability of debtor’s rights.

Oklahoma Statutes

§ 12A-1-9-401 — Alienability of debtor’s rights.

Oklahoma·Title 12A Uniform Commercial Code

ALIENABILITY OF DEBTOR’S RIGHTS (a) Except as otherwise provided in subsection (b) of this section and Sections 1-9-406, 1-9-407, 1-9-408, and 1-9-409 of this title, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.

(b)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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ALIENABILITY OF DEBTOR’S RIGHTS (a) Except as otherwise provided in subsection (b) of this section and Sections 1-9-406, 1-9-407, 1-9-408, and 1-9-409 of this title, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article. (b) 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.

Oklahoma § 12A-1-9-401 (Alienability of debtor’s rights.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.