Md. Code, Commercial Law § 9-401

§9–401.

ReservedYear: 2026Length: 68 wordsSubsections: 2Official source
(a) Except as otherwise provided in subsection (b) and §§ 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 title. (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.
Md. Code, Commercial Law § 9-401: §9–401. | Justis AI