Code of Virginia - Title 8.1A Uniform Commercial Code - General Provisions - Part 2 General Definitions And Principles Of Interpretation

• 8.1A-201 General definitions
  (a) Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other titles of the Uniform ...
• 8.1A-202 Notice; knowledge
  (a) Subject to subsection (f), a person has "notice" of a fact if the person: (1) has actual knowledge of it; (2) has received a ...
• 8.1A-203 Lease distinguished from security interest
  (a) Whether a transaction in the form of a lease creates a lease or security interest is determined by the facts of each case. (b) ...
• 8.1A-204 Value
  Except as otherwise provided in Titles 8.3A, 8.4, 8.5A, and 8.6A, a person gives value for rights if the person acquires them: (1) in return ...
• 8.1A-205 Reasonable time; seasonableness
  (a) Whether a time for taking an action required by the Uniform Commercial Code is reasonable depends on the nature, purpose, and circumstances of the ...
• 8.1A-206 Presumptions
  Whenever the Uniform Commercial Code creates a "presumption" with respect to a fact, or provides that a fact is "presumed," the trier of fact must ...

Last modified: April 3, 2009