Statute · California Commercial Code

Cal. Com. Code § 9401 — Rights of Third Parties

Cal. Com. Code § 9401

Type
Statute
Source
California Commercial Code
Jurisdiction
California
Date
2000-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) Except as otherwise provided in subdivision (b) and in Sections 9406, 9407, 9408, and 9409, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this division.

Citator

Cal. Com. Code § 9401 — Rights of Third Parties is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Except as otherwise provided in subdivision (b) and in Sections 9406, 9407, 9408, and 9409, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this division.

(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.