Virginia Statutes
§ 8.9A-402 — Secured party not obligated on contract of debtor or in tort
Virginia § 8.9A-402
This text of Virginia § 8.9A-402 (Secured party not obligated on contract of debtor or in tort) 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. § 8.9A-402 (2026).
Text
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.
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Legislative History
1964, c. 219, § 8.9-317; 2000, c. 1007.
Nearby Sections
15
§ 8.9A-101
Short title§ 8.9A-102
Definitions and index of definitions§ 8.9A-104
Control of deposit account§ 8.9A-105.1
Control of electronic money§ 8.9A-106
Control of investment property§ 8.9A-107
Control of letter-of-credit right§ 8.9A-107.1
Control of controllable electronic record, controllable account, or controllable payment intangible§ 8.9A-108
Sufficiency of description§ 8.9A-109
Scope§ 8.9A-202
Title to collateral immaterialCite This Page — Counsel Stack
Bluebook (online)
Virginia § 8.9A-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/8.9A/8.9A-402.