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8 chapters · 152 sections in this title.
Va. Code Ann. § 8.9A-201 General effectiveness of security agreement
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(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 purchasers of the collateral, and against creditors. (b) Applicable consumer laws and other law. A transac…
Va. Code Ann. § 8.9A-202 Title to collateral immaterial
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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 regard to rights and obligations apply whether title to collateral is in the secured party or the debtor.
Va. Code Ann. § 8.9A-203 Attachment and enforceability of security interest; proceeds, supporting obligations; formal requisites
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(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 the time of attachment. (b) Enforceability. Except as otherwise provided in subsections (c) through (i…
Va. Code Ann. § 8.9A-204 After-acquired property; future advances
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(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) When after-acquired property clause not effective. Subject to subsection (b.1), a security interest …