Code of Virginia - Title 8.9A Commercial Code - Secured Transactions - Part 2 Effectiveness Of Security Agreement; Attachment Of Security Interest; Rights Of Parties To Security

  • 8.9A-201 General effectiveness of security agreement
    (a) General effectiveness. Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective according to its terms between the parties, against ...
  • 8.9A-202 Title to collateral immaterial
    Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this title with ...
  • 8.9A-203 Attachment and enforceability of security interest; proceeds, supporting obligations; formal requis...
    (a) Attachment. A security interest attaches to collateral when it becomes enforceable against the debtor with respect to the collateral, unless an agreement expressly postpones ...
  • 8.9A-204 After-acquired property; future advances
    (a) After-acquired collateral. Except as otherwise provided in subsection (b), a security agreement may create or provide for a security interest in after-acquired collateral. (b) ...
  • 8.9A-204.1 Security interests in consumer goods
    (a) Notwithstanding any other provision of the law to the contrary, a seller may take a security interest only in the goods sold; provided, however, ...
  • 8.9A-205 Use or disposition of collateral permissible
    (a) When security interest not invalid or fraudulent. A security interest is not invalid or fraudulent against creditors solely because: (1) the debtor has the ...
  • 8.9A-206 Security interest arising in purchase or delivery of financial asset
    (a) Security interest when person buys through securities intermediary. A security interest in favor of a securities intermediary attaches to a person's security entitlement if: ...
  • 8.9A-207 Rights and duties of secured party having possession or control of collateral
    (a) Duty of care when secured party in possession. Except as otherwise provided in subsection (d), a secured party shall use reasonable care in the ...
  • 8.9A-208 Additional duties of secured party having control of collateral
    (a) Applicability of section. This section applies to cases in which there is no outstanding secured obligation and the secured party is not committed to ...
  • 8.9A-209 Duties of secured party if account debtor has been notified of assignment
    (a) Applicability of section. Except as otherwise provided in subsection (c), this section applies if: (1) there is no outstanding secured obligation; and (2) the ...
  • 8.9A-210 Request for accounting; request regarding list of collateral or statement of account
    (a) Definitions. In this section: (1) "Request" means a record of a type described in paragraph (2), (3), or (4). (2) "Request for an accounting" ...

Last modified: April 3, 2009