Rights of Third Parties. | Midpage

Collections
Code of the District of Columbia

Paragraph IV

Rights of Third Parties.

28:9-401Alienability of debtor’s rights.28:9-402Secured party not obligated on contract of debtor or in tort.28:9-403Agreement not to assert defenses against assignee.28:9-404Rights acquired by assignee; claims and defenses against assignee.28:9-405Modification of assigned contract.28:9-406Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective.28:9-407Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest.28:9-408Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.28:9-409Restrictions on assignment of letter-of-credit rights ineffective.