Code of Virginia - Title 8.9A Commercial Code - Secured Transactions - Section 8.9A-501 Filing office

§ 8.9A-501. Filing office

(a) Filing offices. Except as otherwise provided in subsection (b), if the local law of the Commonwealth governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is:

(1) the office designated for the filing or recording of a record of a mortgage on the related real property, if:

(A) the collateral is as-extracted collateral or timber to be cut; or

(B) the financing statement is filed as a fixture filing and the collateral is goods that are or are to become fixtures; or

(2) the office of the State Corporation Commission or any office duly authorized by it, in all other cases, including a case in which the collateral is goods that are or are to become fixtures and the financing statement is not filed as a fixture filing.

(b) Filing office for transmitting utilities. The office in which to file a financing statement to perfect a security interest in collateral, including fixtures, of a transmitting utility is the office of the State Corporation Commission. The financing statement also constitutes a fixture filing as to the collateral indicated in the financing statement which is or is to become fixtures.

(1996, c. 216, § 8.9-401; 2000, c. 1007.)

Sections:  8.9A-501  8.9A-502  8.9A-503  8.9A-504  8.9A-505  8.9A-506  8.9A-507  8.9A-508  8.9A-509  8.9A-510  8.9A-511  8.9A-512  8.9A-513  8.9A-514  8.9A-515  Next

Last modified: April 3, 2009