(a) Other law governs alienability; exceptions.  Except as otherwise provided in subsection (b) and §§ 6A-9-406, 6A-9-407, 6A-9-408, and 6A-9-409, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this chapter.

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(b) Agreement does not prevent transfer.  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.

History of Section.
P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.