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2021 Florida Statutes (Including 2021B Session)
SECTION 40111
Alienability of debtor’s rights.
Alienability of debtor’s rights.
679.40111 Alienability of debtor’s rights.—
(1) Except as otherwise provided in subsection (2) and ss. 679.4061, 679.4071, 679.4081, and 679.409, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this chapter.
(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.
History.—s. 4, ch. 2001-198.