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Current as of January 01, 2022 | Updated by FindLaw Staff
(a) Except as otherwise provided in subsection (b) of this section and sections 4-9-406, 4-9-407, 4-9-408, and 4-9-409, 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.
(c) This section shall not be construed as being inconsistent with criminal sanctions now or hereafter applicable to transactions involving collateral or as justifying any transfer that would otherwise be a violation of law.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 4. Uniform Commercial Code § 4-9-401. Alienability of debtor's rights - last updated January 01, 2022 | https://codes.findlaw.com/co/title-4-uniform-commercial-code/co-rev-st-sect-4-9-401/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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