The Vermont Statutes Online
§ 9-401. Alienability of debtor's rights
(a) Except as otherwise provided in subsection (b) of this section and sections 9- 406 through 9- 409 of this title, 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. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)