Unless otherwise stated in a security agreement,if a debtor sells,exchanges,or disposes of collateral subject to such an agreement,the secured party automatically has the right to receive the sale proceeds of the sale,exchange,or disposition.

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This is known as the right to proceeds clause, and it is typically included in security agreements to ensure that the secured party maintains their interest in the collateral even if it is sold, exchanged, or otherwise disposed of by the debtor.

Unless Otherwise Stated in a Security Agreement,if a Debtor Sells,exchanges,or