Ariz. Rev. Stat. » Title 47
Arizona Revised Statutes

Ariz. Rev. Stat. § 47-9401 (2026)

Alienability of debtor's rights

✓ current as of May 2026
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A. Except as otherwise provided in subsection B of this section and sections 47-9406, 47-9407, 47-9408 and 47-9409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this chapter.

B. An agreement between the debtor and secured party that prohibits a transfer of the debtor's rights in collateral or makes the transfer a default does not prevent the transfer from taking effect.

Notes of Decisions
Cited in 2 cases, 1986–1987 · leading case: Baird v. Pace, 752 P.2d 507 (Ariz. Ct. App. 1987).
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Baird v. Pace, 752 P.2d 507 (Ariz. Ct. App. 1987). · cites it 4× “§ 44-3140(A)(3) (now A.R.S. § 47-9401(A)(3)) and a Statement of Legal and Equitable Interest was filed with the Arizona Department of Liquor Licenses and Control.”
Arizona Ammonia of Tucson, Inc. v. Mission Bank, 732 P.2d 591 (Ariz. Ct. App. 1986). · cites it 4× “A.R.S. § 47-9401(A)(1). The record discloses uncontroverted evidence that summit (the farmer) resided in Maricopa County, and that the financing statement was properly recorded in that county.”
— Ariz. Rev. Stat. § 47-9401(A)(1) — 1 case
Arizona Ammonia of Tucson, Inc. v. Mission Bank, 732 P.2d 591 (Ariz. Ct. App. 1986). “A.R.S. § 47-9401(A)(1). The record discloses uncontroverted evidence that summit (the farmer) resided in Maricopa County, and that the financing statement was properly recorded in that county.”
— Ariz. Rev. Stat. § 47-9401(A)(3) — 1 case
Baird v. Pace, 752 P.2d 507 (Ariz. Ct. App. 1987). “§ 44-3140(A)(3) (now A.R.S. § 47-9401(A)(3)) and a Statement of Legal and Equitable Interest was filed with the Arizona Department of Liquor Licenses and Control.”
— Ariz. Rev. Stat. § 47-9401(A)(l) — 1 case
Arizona Ammonia of Tucson, Inc. v. Mission Bank, 732 P.2d 591 (Ariz. Ct. App. 1986). “A.R.S. § 47-9401(A)(1). The record discloses uncontroverted evidence that summit (the farmer) resided in Maricopa County, and that the financing statement was properly recorded in that county.”
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