(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.
Structure Florida Statutes
Title XXXIX - Commercial Relations
Chapter 679 - Uniform Commercial Code: Secured Transactions
Part IV - Rights of Third Parties (Ss. 679.40111-679.409)
679.40111 - Alienability of debtor’s rights.
679.4021 - Secured party not obligated on contract of debtor or in tort.
679.4031 - Agreement not to assert defenses against assignee.
679.4041 - Rights acquired by assignee; claims and defenses against assignee.
679.4051 - Modification of assigned contract.
679.409 - Restrictions on assignment of letter-of-credit rights ineffective.