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8 chapters · 152 sections in this title.
Va. Code Ann. § 8.9A-401 Alienability of debtor's rights
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(a) Other law governs alienability; exceptions. Except as otherwise provided in subsection (b) and §§ 8.9A-406 through 8.9A-409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this title. (b) Agreement does no…
Va. Code Ann. § 8.9A-402 Secured party not obligated on contract of debtor or in tort
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The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor's acts or omissions.
Va. Code Ann. § 8.9A-403 Agreement not to assert defenses against assignee
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(a) "Value." In this section, "value" has the meaning provided in § 8.3A-303 (a). (b) Agreement not to assert claim or defense. Except as otherwise provided in this section, an agreement between an account debtor and an assignor not to assert against an assignee any claim or defe…
Va. Code Ann. § 8.9A-404 Rights acquired by assignee; claims and defenses against assignee
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(a) Assignee's rights subject to terms, claims, and defenses; exceptions. Unless an account debtor has made an enforceable agreement not to assert defenses or claims, and subject to subsections (b) through (e), the rights of an assignee are subject to: (1) all terms of the agreem…