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24 chapters · 957 sections in this title.
Va. Code Ann. § 6.2-2400 Definition
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As used in this chapter: "Securitization transaction" means a transaction relating to the issuance or transfer by a special purpose entity of beneficial interests or undivided interests, which entitle their holders to receive payments or other distributions that depend primarily …
Va. Code Ann. § 6.2-2401 Securitization transactions; no interest retained by transferor
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Notwithstanding any other provision of law, including § 8.9A-623, to the extent set forth in the transaction documents relating to a securitization transaction: 1. Any property, assets, or rights purported to be transferred, in whole or in part, in the securitization transaction …
Va. Code Ann. § 6.2-2402 Treatment of securitization transactions
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Nothing contained in this chapter shall: 1. Be deemed to require any securitization transaction to be treated as a sale for federal or state tax purposes or to preclude the treatment of any securitization transaction as debt for federal or state tax purposes or to change any appl…