- Other law governs alienability; exceptions. Except as otherwise provided in subsection (b) of this Code section and Code Sections 11-9-406, 11-9-407, 11-9-408, and 11-9-409, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.
- 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.
History. Code 1981, § 11-9-401 , enacted by Ga. L. 2001, p. 362, § 1.
Law reviews.
For note discussing procedures required to effect a levy of execution, see 12 Ga. L. Rev. 814 (1978).