Mass. Gen. Laws ch. 106 § 9-401

Current through Chapter 89 of the 2024 Legislative Session
Section 106:9-401 - Alienability of debtor's rights
(a) Other law governs alienability; exceptions. Except as otherwise provided in subsection (b) and Sections 9-406, 9-407, 9-408 and 9-409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.
(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.

Mass. Gen. Laws ch. 106, § 9-401

Amended by Acts 2013, c. 30,§ 74, eff. 7/1/2013.
Amended by Acts 2001, c. 26, § 39, eff. 7/1/01.