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HRS §490:9-401

When a debtor can transfer rights to collateral

This section says that whether a debtor can transfer their rights in collateral is usually decided by other laws, not this one. However, if a debtor and secured party agree to forbid the transfer, that agreement does not stop the transfer from being valid.

creditorsdebtors

The statute, as written — Alienability of debtor's rights

(a) Except as otherwise provided in subsection (b) and sections 490:9-406, 490:9-407, 490:9-408, and 490:9-409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article. (b) 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.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§490:9-406 When a debt is assigned to someone else

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.