OR OFFICIAL, PERSON OBLIGATED ON A PROMISSORY NOTE, OR ACCOUNT DEBTOR
TO THE ASSIGNMENT OR TRANSFER OF, OR CREATION OF A SECURITY INTEREST IN, A
PROMISSORY NOTE, HEALTH-CARE-INSURANCE RECEIVABLE, OR GENERAL
INTANGIBLE, INCLUDING A CONTRACT, PERMIT, LICENSE, OR FRANCHISE BETWEEN
AN ACCOUNT DEBTOR AND A DEBTOR, IS INEFFECTIVE TO THE EXTENT THAT THE
RULE OF LAW, STATUTE, OR REGULATION:
(1) WOULD IMPAIR THE CREATION, ATTACHMENT, OR PERFECTION OF A
SECURITY INTEREST; OR
(2) PROVIDES THAT THE CREATION, ATTACHMENT, OR PERFECTION OF
THE SECURITY INTEREST MAY GIVE RISE TO A DEFAULT, BREACH, RIGHT OF
RECOUPMENT, CLAIM, DEFENSE, TERMINATION, RIGHT OF TERMINATION, OR
REMEDY UNDER THE PROMISSORY NOTE, HEALTH-CARE-INSURANCE RECEIVABLE,
OR GENERAL INTANGIBLE.
(D) TO THE EXTENT THAT A TERM IN A PROMISSORY NOTE OR IN AN
AGREEMENT BETWEEN AN ACCOUNT DEBTOR AND A DEBTOR WHICH RELATES TO A
HEALTH-CARE-INSURANCE RECEIVABLE OR GENERAL INTANGIBLE OR A RULE OF
LAW, STATUTE, OR REGULATION DESCRIBED IN SUBSECTION (C) WOULD BE
EFFECTIVE UNDER LAW OTHER THAN THIS TITLE BUT IS INEFFECTIVE UNDER
SUBSECTION (A) OR (C), THE CREATION, ATTACHMENT, OR PERFECTION OF A
SECURITY INTEREST IN THE PROMISSORY NOTE, HEALTH-CARE-INSURANCE
RECEIVABLE, OR GENERAL INTANGIBLE:
(1) IS NOT ENFORCEABLE AGAINST THE PERSON OBLIGATED ON THE
PROMISSORY NOTE OR THE ACCOUNT DEBTOR;
(2) DOES NOT IMPOSE A DUTY OR OBLIGATION ON THE PERSON
OBLIGATED ON THE PROMISSORY NOTE OR THE ACCOUNT DEBTOR;
(3) DOES NOT REQUIRE THE PERSON OBLIGATED ON THE PROMISSORY
NOTE OR THE ACCOUNT DEBTOR TO RECOGNIZE THE SECURITY INTEREST, PAY OR
RENDER PERFORMANCE TO THE SECURED PARTY, OR ACCEPT PAYMENT OR
PERFORMANCE FROM THE SECURED PARTY;
(4) DOES NOT ENTITLE THE SECURED PARTY TO USE OR ASSIGN THE
DEBTOR'S RIGHTS UNDER THE PROMISSORY NOTE, HEALTH-CARE-INSURANCE
RECEIVABLE, OR GENERAL INTANGIBLE, INCLUDING ANY RELATED INFORMATION
OR MATERIALS FURNISHED TO THE DEBTOR IN THE TRANSACTION GIVING RISE TO
THE PROMISSORY NOTE, HEALTH-CARE-INSURANCE RECEIVABLE, OR GENERAL
INTANGIBLE;
(5) DOES NOT ENTITLE THE SECURED PARTY TO USE, ASSIGN, POSSESS,
OR HAVE ACCESS TO ANY TRADE SECRETS OR CONFIDENTIAL INFORMATION OF THE
PERSON OBLIGATED ON THE PROMISSORY NOTE OR THE ACCOUNT DEBTOR; AND
(6) DOES NOT ENTITLE THE SECURED PARTY TO ENFORCE THE
SECURITY INTEREST IN THE PROMISSORY NOTE, HEALTH-CARE-INSURANCE
RECEIVABLE, OR GENERAL INTANGIBLE.
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