Part 4. Rights of Third Parties.
§ 25‑9‑401.  Alienability of debtor's rights.
(a)	Other law governs alienability; exceptions. – Except as otherwise provided in subsection (b) of this section and G.S. 25‑9‑406, 25‑9‑407, 25‑9‑408, and 25‑9‑409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this Article.
(b)	Agreement does not prevent transfer. – 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.  (1965, c. 700, s. 1; 1975, c. 862, s. 7; 2000‑169, s. 1.)