§ 9.401 Alienability of Debtor’s Rights
§ 9.402 Secured Party Not Obligated On Contract of Debtor or in Tort
§ 9.403 Agreement Not to Assert Defenses Against Assignee
§ 9.404 Rights Acquired by Assignee; Claims and Defenses Against Assignee
§ 9.405 Modification of Assigned Contract
§ 9.406 Discharge of Account Debtor; Notification of Assignment; Identification and Proof of Assignment; Restrictions On Assignment of Accounts, Chattel Paper, Payment Intangibles, and Promissory Notes Ineffective
§ 9.407 Restrictions On Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor’s Residual Interest
§ 9.408 Restrictions On Assignment of Promissory Notes, Health-Care-Insurance Receivables, and Certain General Intangibles Ineffective
§ 9.409 Restrictions On Assignment of Letter-of-Credit Rights Ineffective
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Terms Used In Texas Business and Commerce Code Chapter 9 > Subchapter D - Rights of Third Parties

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Statute: A law passed by a legislature.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.