Va. Code § 8.9A-110

Current with changes from the 2024 Legislative Session through ch. 778
Section 8.9A-110 - Security interests arising under Title 8.2 or Title 8.2A

A security interest arising under §§ 8.2-401, 8.2-505, 8.2-711(3), or § 8.2A-508A(5) is subject to this title. However, until the debtor obtains possession of the goods:

(1) the security interest is enforceable, even if subdivision (b) (3) of § 8.9-203A has not been satisfied;
(2) filing is not required to perfect the security interest;
(3) the rights of the secured party after default by the debtor are governed by Title 8.2 or Title 8.2A; and
(4) the security interest has priority over a conflicting security interest created by the debtor.

Va. Code § 8.9A-110

1964, c. 219, § 8.9-113; 1991, c. 536; 2000, c. 1007.
Amended by Acts 2000, § c.1007.
Amended by Acts 1991, § c. 536.
Amended by Acts 1964, § c. 219, § 8.9-113.