Va. Code Ann. §

Va. Code Ann. §
in effect

Contents

section8.9A-101. Short titlesection8.9A-102. Definitions and index of definitionssection8.9A-103. Purchase-money security interest; application of payments; burden of establishingsection8.9A-104. Control of deposit accountsection8.9A-105. Control of electronic copy of record evidencing chattel papersection8.9A-105.1. Control of electronic moneysection8.9A-106. Control of investment propertysection8.9A-107. Control of letter-of-credit rightsection8.9A-107.1. Control of controllable electronic record, controllable account, or controllable payment intangiblesection8.9A-107.2. No requirement to acknowledge or confirm; no dutiessection8.9A-108. Sufficiency of descriptionsection8.9A-109. Scopesection8.9A-110. Security interests arising under Title 8.2 or Title 8.2Asection8.9A-201. General effectiveness of security agreementsection8.9A-202. Title to collateral immaterialsection8.9A-203. Attachment and enforceability of security interest; proceeds, supporting obligations; formal requisitessection8.9A-204. After-acquired property; future advancessection8.9A-204.1. Security interests in consumer goodssection8.9A-205. Use or disposition of collateral permissiblesection8.9A-206. Security interest arising in purchase or delivery of financial assetsection8.9A-207. Rights and duties of secured party having possession or control of collateralsection8.9A-208. Additional duties of secured party having control of collateralsection8.9A-209. Duties of secured party if account debtor has been notified of assignmentsection8.9A-210. Request for accounting; request regarding list of collateral or statement of accountsection8.9A-301. Law governing perfection and priority of security interestssection8.9A-302. Law governing perfection and priority of agricultural lienssection8.9A-303. Law governing perfection and priority of security interests in goods covered by a certificate of titlesection8.9A-304. Law governing perfection and priority of security interests in deposit accountssection8.9A-305. Law governing perfection and priority of security interests in investment propertysection8.9A-306. Law governing perfection and priority of security interests in letter-of-credit rightssection8.9A-306.1. Law governing perfection and priority of security interests in chattel papersection8.9A-306.2. Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangiblessection8.9A-307. Location of debtorsection8.9A-308. When security interest or agricultural lien is perfected; continuity of perfectionsection8.9A-309. Security interest perfected upon attachmentsection8.9A-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not applysection8.9A-311. Perfection of security interests in property subject to certain statutes, regulations, and treatiessection8.9A-312. Perfection of security interests in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing, temporary perfection without filing or transfer of possessionsection8.9A-313. When possession by or delivery to secured party perfects security interest without filingsection8.9A-314. Perfection by controlsection8.9A-314.1. Perfection by possession and control of chattel papersection8.9A-315. Secured party's rights on disposition of collateral and in proceedssection8.9A-316. Effect of change in governing lawsection8.9A-317. Interests that take priority over or take free of security interest or agricultural liensection8.9A-318. No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchaserssection8.9A-319. Rights and title of consignee with respect to creditors and purchaserssection8.9A-320. Buyer of goodssection8.9A-321. Licensee of general intangible and lessee of goods in ordinary course of businesssection8.9A-322. Priorities among conflicting security interests in and agricultural liens on same collateralsection8.9A-323. Future advancessection8.9A-324. Priority of purchase-money security interestssection8.9A-325. Priority of security interests in transferred collateralsection8.9A-326. Priority of security interests created by new debtorsection8.9A-326.1. Priority of security interest in controllable account, controllable electronic record, and controllable payment intangiblesection8.9A-327. Priority of security interests in deposit accountsection8.9A-328. Priority of security interests in investment propertysection8.9A-329. Priority of security interests in letter-of-credit rightsection8.9A-330. Priority of purchaser of chattel paper or instrumentsection8.9A-331. Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment intangibles, documents, instruments and securities under other titles, priority of interests in financial assets and security entitlements and protection against assertion of claims under Titles 8.8A and 8.12section8.9A-332. Transfer of money, transfer of funds from deposit accountsection8.9A-333. Priority of certain liens arising by operation of lawsection8.9A-334. Priority of security interests in fixtures and cropssection8.9A-335. Accessionssection8.9A-336. Commingled goodssection8.9A-337. Priority of security interests in goods covered by certificate of titlesection8.9A-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect informationsection8.9A-339. Priority subject to subordinationsection8.9A-340. Effectiveness of right of recoupment or set-off against deposit accountsection8.9A-341. Bank's rights and duties with respect to deposit accountsection8.9A-342. Bank's right to refuse to enter into or disclose existence of control agreementsection8.9A-401. Alienability of debtor's rightssection8.9A-402. Secured party not obligated on contract of debtor or in tortsection8.9A-403. Agreement not to assert defenses against assigneesection8.9A-404. Rights acquired by assignee; claims and defenses against assigneesection8.9A-405. Modification of assigned contractsection8.9A-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 ineffectivesection8.9A-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interestsection8.9A-408. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffectivesection8.9A-409. Restrictions on assignment of letter-of-credit rights ineffectivesection8.9A-501. Filing officesection8.9A-502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statementsection8.9A-503. Name of debtor and secured partysection8.9A-504. Indication of collateralsection8.9A-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactionssection8.9A-506. Effect of errors or omissionssection8.9A-507. Effect of certain events on effectiveness of financing statementsection8.9A-508. Effectiveness of financing statement if new debtor becomes bound by security agreementsection8.9A-509. Persons entitled to file a recordsection8.9A-510. Effectiveness of filed recordsection8.9A-511. Secured party of recordsection8.9A-512. Amendment of financing statementsection8.9A-513. Termination statementsection8.9A-514. Assignment of powers of secured party of recordsection8.9A-515. Duration and effectiveness of financing statement; effect of lapsed financing statementsection8.9A-516. What constitutes filing; effectiveness of filingsection8.9A-517. Effect of indexing errorssection8.9A-518. Claim concerning inaccurate or wrongfully filed recordsection8.9A-519. Numbering, maintaining, and indexing records; communicating information provided in recordssection8.9A-520. Acceptance and refusal to accept recordsection8.9A-521. Repealedsection8.9A-521.1. Format of statements and recordssection8.9A-522. Maintenance and destruction of recordssection8.9A-523. Information from filing office; sale or license of recordssection8.9A-524. Delay by filing officesection8.9A-525. Feessection8.9A-526. Promulgation of rulessection8.9A-527. Duty to reportsection8.9A-601. Rights after default; judicial enforcement, consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notessection8.9A-602. Waiver and variance of rights and dutiessection8.9A-603. Agreement on standards concerning rights and dutiessection8.9A-604. Procedure if security agreement covers real property or fixturessection8.9A-605. Unknown debtor or secondary obligorsection8.9A-606. Time of default for agricultural liensection8.9A-607. Collection and enforcement by secured partysection8.9A-608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplussection8.9A-609. Secured party's right to take possession after defaultsection8.9A-610. Disposition of collateral after defaultsection8.9A-611. Notification before disposition of collateralsection8.9A-612. Timeliness of notification before disposition of collateralsection8.9A-613. Contents and form of notification before disposition of collateral; generalsection8.9A-614. Contents and form of notification before disposition of collateral; consumer-goods transactionsection8.9A-615. Application of proceeds of disposition; liability for deficiency and right to surplussection8.9A-616. Explanation of calculation of surplus or deficiencysection8.9A-617. Rights of transferee of collateralsection8.9A-618. Rights and duties of certain secondary obligorssection8.9A-619. Transfer of record or legal titlesection8.9A-620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateralsection8.9A-621. Notification of proposal to accept collateralsection8.9A-622. Effect of acceptance of collateralsection8.9A-623. Right to redeem collateralsection8.9A-624. Waiversection8.9A-625. Remedies for secured party's failure to comply with titlesection8.9A-626. Action in which deficiency or surplus is in issuesection8.9A-627. Determination of whether conduct was commercially reasonablesection8.9A-628. Nonliability and limitation on liability of secured party; liability of secondary obligorsection8.9A-701. Effective datesection8.9A-702. Savings clausesection8.9A-703. Security interest perfected before effective datesection8.9A-704. Security interest unperfected before effective datesection8.9A-705. Effectiveness of action taken before effective datesection8.9A-706. When initial financing statement suffices to continue effectiveness of financing statementsection8.9A-707. Amendment of preeffective-date financing statementsection8.9A-708. Persons entitled to file initial financing statement or continuation statementsection8.9A-709. Prioritysection8.9A-801. Effective date of amendmentssection8.9A-802. Savings clausesection8.9A-803. Security interest perfected before July 1, 2013section8.9A-804. Security interest unperfected before July 1, 2013section8.9A-805. Effectiveness of action taken before July 1, 2013section8.9A-806. When initial financing statement suffices to continue effectiveness of financing statementsection8.9A-807. Amendment of pre-effective-date financing statementsection8.9A-808. Person entitled to file initial financing statement or continuation statementsection8.9A-809. Priority
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/title8.9A/Fetched: 10/16/2026