Rights of Third Parties | Midpage

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New York Consolidated Laws

Uniform Commercial Code

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Rights of Third Parties

9-401Alienability of Debtor's Rights 9-402Secured Party Not Obligated on Contract of Debtor or in Tort 9-403Agreement Not to Assert Defenses Against Assignee 9-404Rights Acquired by Assignee; Claims and Defenses Against Assignee 9-405Modification of Assigned Contract 9-406Discharge of Account Debtor; Notification of Assignment; Identification and Proof of Assignment; Restrictions on Assignment of Accounts, ...9-407Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor's Residual Interest 9-408Restrictions on Assignment of Promissory Notes, Health-care-insurance Receivables, and Certain General Intangibles Ineffective 9-409Restrictions on Assignment of Letter-of-credit Rights Ineffective