Virginia § 8.13-303 Security interest unperfected before effective date

Virginia Statutes

§ 8.13-303 — Security interest unperfected before effective date

Virginia § 8.13-303

Title 8.132022 Amendments – Effective Date and Transition Provisions

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This text of Virginia § 8.13-303 (Security interest unperfected before effective date) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 8.13-303 (2026).

Text

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 § 8.9A-203, as amended by this act, on the effective date of this act or before the adjustment date; and

(3)becomes perfected:

(A)without further action, on the effective date of this act if the requirements for perfection under this act are satisfied before or at that time; or

(B)when the requirements for perfection are satisfied if the requirements are satisfied after that time.

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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 § 8.9A-203, as amended by this act, on the effective date of this act or before the adjustment date; and

(3) becomes perfected:

(A) without further action, on the effective date of this act if the requirements for perfection under this act are satisfied before or at that time; or

(B) when the requirements for perfection are satisfied if the requirements are satisfied after that time.