Georgia Code
Part 4 - Rights of Third Parties
§ 11-9-409. Restrictions on Assignment of Letter of Credit Rights Ineffective

History. Code 1981, § 11-9-409 , enacted by Ga. L. 2001, p. 362, § 1.

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Structure Georgia Code

Georgia Code

Title 11 - Commercial Code

Article 9 - Secured Transactions

Part 4 - Rights of Third Parties

§ 11-9-401. Alienability of Debtor’s Rights

§ 11-9-402. Secured Party Not Obligated on Contract of Debtor or in Tort

§ 11-9-403. Agreement Not to Assert Defenses Against Assignee

§ 11-9-404. Rights Acquired by Assignee; Claims and Defenses Against Assignee

§ 11-9-405. Modification of Assigned Contract

§ 11-9-406. Discharge of Account Debtor; Notification of Assignment; Identification and Proof of Assignment; Restrictions on Assignment of Accounts, Chattel Paper, Payment Intangibles, and Promissory Notes Ineffective

§ 11-9-407. Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor’s Residual Interest

§ 11-9-408. Restrictions on Assignment of Promissory Notes, Health Care Insurance Receivables, and Certain General Intangibles Ineffective

§ 11-9-409. Restrictions on Assignment of Letter of Credit Rights Ineffective