Alienability of debtor’s rights
9A V.S.A. § 9—401
in effect9—401. Alienability of debtor’s rights
(a) Except as otherwise provided in subsection (b) of this section and sections 9—406 through 9—409 of this title, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.
(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.
Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/09A/009/00401Fetched: 10/21/2026
