Ind. Code § 26-1-9.1-401
Alienability of debtor's rights
Indiana · Indiana Code Title 26 — Commercial Law · Status: effective
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- Ind. Code § 26-1-9.1-401, Alienability of debtor's rights, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1660902
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Full text
Sec. 401.
(a) Except as otherwise provided in subsection (b) and IC 26-1-9.1-406, IC 26-1-9.1-407, IC 26-1-9.1-408, and IC 26-1-9.1-409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than IC 26-1-9.1.
(b) 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.