Va. Code § 8.9A-332

Current with changes from the 2024 legislative session through ch. 845
Section 8.9A-332 - [Effective 7/1/2025] Transfer of money, transfer of funds from deposit account
(a) Transferee of tangible money. A transferee oftangible money takes the money free of a security interest if the transferee receives possession of the money without acting in collusion with the debtor in violating the rights of the secured party.
(b) Transferee of funds from deposit account. A transferee of funds from a deposit account takes the funds free of a security interest if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.
(c) Transferee of electronic money. A transferee of electronic money takes the money free of a security interest if the transferee obtains control of the money without acting in collusion with the debtor in violating the rights of the secured party.

Va. Code § 8.9A-332

2000, c. 1007.
Amended by Acts 2024 c. 652,§ 1, eff. 7/1/2025.
Amended by Acts 2000, § c.1007.
This section is set out more than once due to postponed, multiple, or conflicting amendments.