104.9401 - Alienability of debtor’s rights. - Nevada Statutes

104.9401  Alienability of debtor’s rights.

      1.  Except as otherwise provided in subsection 2 and NRS 104.9406 to 104.9409, inclusive, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.

      2.  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.

      (Added to NRS by 1999, 323; A 2001, 62)