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K.S.A. 84-9-401

Alienability of debtor's rights

Applied in 1 court decision — leading case Citizens Bank & Trust Co. v. Security First Insurance Holdings, LLC (In Re Brooke Capital Corp.) (2014)

Most recently applied in Citizens Bank & Trust Co. v. Security First Insurance Holdings, LLC (In Re Brooke Capital Corp.) (December 2014)

L. 2000, ch. 142, § 63; July 1, 2001.

(a) Other law governs alienability; exceptions. Except as otherwise provided in subsection (b) and K.S.A. 2025 Supp. 84-9-406 , 84-9-407 , 84-9-408 , and 84-9-409 , and amendments thereto, 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 the 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.

Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.