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Rights of Third Parties

  • D.C. Code § 28:9-401— Alienability of debtor’s rights
  • D.C. Code § 28:9-402— Secured party not obligated on contract of debtor or in tort
  • D.C. Code § 28:9-403— Agreement not to assert defenses against assignee
  • D.C. Code § 28:9-404— Rights acquired by assignee; claims and defenses against assignee
  • D.C. Code § 28:9-405— Modification of assigned contract
  • D.C. Code § 28:9-406— Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective
  • D.C. Code § 28:9-407— Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest
  • D.C. Code § 28:9-408— Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective
  • D.C. Code § 28:9-409— Restrictions on assignment of letter-of-credit rights ineffective