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Mich. Comp. Laws § 440.9401

Alienability of debtor's rights.

Michigan · Michigan Compiled Laws — UNIFORM COMMERCIAL CODE (Act 174 of 1962) · Status: effective

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Mich. Comp. Laws § 440.9401, Alienability of debtor's rights, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1362263
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(1) Except as otherwise provided in subsection (2) and 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 article. (2) An agreement between the debtor and secured party that prohibits a transfer of the debtor's rights in collateral or makes the transfer a default does not prevent the transfer from taking effect.