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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>61383</law_id><section_number>8.9A-401</section_number><catch_line>Alienability of debtor&amp;#8217;s rights</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>46.2-640</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="8.9A">Commercial Code &#x2014; Secured Transactions</unit><unit label="part" level="2" order_by="1" identifier="4">Rights of Third Parties</unit></structure><text>
						<section id="a"><p><span class="prefix-number">a.</span> Other <span class="dictionary">law</span> governs alienability; exceptions. Except as otherwise provided in subsection (b) and &#xA7;&#xA7; <a class="law" title="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" href="/8.9A-406/">8.9A-406</a> through <a class="law" title="Restrictions on assignment of letter-of-credit rights ineffective" href="/8.9A-409/">8.9A-409</a>, whether a debtor&#x2019;s rights in <span class="dictionary">collateral</span> may be voluntarily or involuntarily transferred is governed by <span class="dictionary">law</span> other than this title. <a id="paragraph-224230" class="section-permalink" href="https://vacode.org/8.9A-401/#a"><i class="fa fa-link"/></a></p></section>
						<section id="b"><p><span class="prefix-number">b.</span> Agreement does not prevent transfer. An agreement between the debtor and secured <span class="dictionary">party</span> which prohibits a transfer of the debtor&#x2019;s rights in <span class="dictionary">collateral</span> or makes the transfer a <span class="dictionary">default</span> does not prevent the transfer from taking effect. <a id="paragraph-224231" class="section-permalink" href="https://vacode.org/8.9A-401/#b"><i class="fa fa-link"/></a></p></section></text><history>1964, c. 219, &#xA7; 8.9-311; 2000, c. 1007.</history><metadata></metadata></law>
