Virginia § 8.9A-527 Duty to report

Virginia Statutes

§ 8.9A-527 — Duty to report

Virginia § 8.9A-527

Title 8.9ACOMMERCIAL CODE — SECURED TRANSACTIONS

Part 5FILING

Subpart 2DUTIES AND OPERATION OF FILING OFFICE

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Bluebook

Va. Code Ann. § 8.9A-527 (2026).

Text

The State Corporation Commission may report annually to the Governor and General Assembly on the operation of the filing office. The report may contain a statement of the extent to which:

(1)the filing-office rules are not in harmony with the rules of filing offices in other jurisdictions that enact substantially this part and the reasons for these variations; and

(2)the filing-office rules are not in harmony with the most recent version of the Model Rules promulgated by the International Association of Commercial Administrators, or any successor organization, and the reasons for these variations.

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The State Corporation Commission may report annually to the Governor and General Assembly on the operation of the filing office. The report may contain a statement of the extent to which:

(1) the filing-office rules are not in harmony with the rules of filing offices in other jurisdictions that enact substantially this part and the reasons for these variations; and

(2) the filing-office rules are not in harmony with the most recent version of the Model Rules promulgated by the International Association of Commercial Administrators, or any successor organization, and the reasons for these variations.