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0 chapters · 10 sections in this title.
Va. Code Ann. § 8.13-101 Title
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This article may be cited as Transitional Provisions for Uniform Commercial Code Amendments (2022).
Va. Code Ann. § 8.13-102 Definitions
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(a) Article A Definitions. In this article: (1) "Act" means the Uniform Commercial Code Amendments (2022). (2) "Adjustment date" means the date that is one year after the effective date of this act. (3) "Title 8.12" means Title 8.12 of the Uniform Commercial Code (§§ 8.12-101 et …
Va. Code Ann. § 8.13-201 Savings clause
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Except as provided in Part 3, a transaction validly entered into before the effective date of this act and the rights, duties, and interests flowing from the transaction remain valid thereafter and may be terminated, completed, consummated, or enforced as required or permitted by…
Va. Code Ann. § 8.13-301 Savings clause
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(a) Pre-effective-date transaction, lien, or interest. Except as provided in this part, Title 8.9A as amended by this act and Title 8.12 apply to a transaction, lien, or other interest in property, even if the transaction, lien, or interest was entered into, created, or acquired …
Va. Code Ann. § 8.13-302 Security interest perfected before effective date
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(a) Continuing perfection: perfection requirements satisfied. A security interest that is enforceable and perfected immediately before the effective date of this act is a perfected security interest under this act if, on the effective date of this act, the requirements for enforc…
Va. Code Ann. § 8.13-303 Security interest unperfected before effective date
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A security interest that is enforceable immediately before the effective date of this act but is unperfected at that time: (1) remains an enforceable security interest until the adjustment date; (2) remains enforceable thereafter if the security interest becomes enforceable under…
Va. Code Ann. § 8.13-304 Effectiveness of actions taken before effective date
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(a) Pre-effective-date action; attachment and perfection before adjustment date. If action, other than the filing of a financing statement, is taken before the effective date of this act and the action would have resulted in perfection of the security interest had the security in…
Va. Code Ann. § 8.13-305 Priority
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(a) Determination of priority. Subject to subsections (b) and (c), this act determines the priority of conflicting claims to collateral. (b) Established priorities. Subject to subsection (c), if the priorities of claims to collateral were established before the effective date of …
Va. Code Ann. § 8.13-306 Priority of claims when priority rules of Title 8.9A do not apply
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(a) Determination of priority. Subject to subsections (b) and (c), Title 8.12 determines the priority of conflicting claims to Title 8.12 property when the priority rules of Title 8.9A as amended by this act do not apply. (b) Established priorities. Subject to subsection (c), whe…
Va. Code Ann. § 8.13-401 Effective date
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This act shall take effect on July 1, 2025.