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  • Title 8.9A: Commercial Code — Secured Transactions
  • Part 4: Rights of Third Parties

Rights of Third Parties

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Part 4 of the Code of Virginia, titled “Rights of Third Parties.” It is part of Title 8.9A “Commercial Code — Secured Transactions”.

It’s comprised of the following 9 sections.

§ 8.9A-401 Alienability of debtor's rights
§ 8.9A-402 Secured party not obligated on contract of debtor or in tort
§ 8.9A-403 Agreement not to assert defenses against assignee
§ 8.9A-404 Rights acquired by assignee; claims and defenses against assignee
§ 8.9A-405 Modification of assigned contract
§ 8.9A-406 Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective
§ 8.9A-407 Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest
§ 8.9A-408 Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective
§ 8.9A-409 Restrictions on assignment of letter-of-credit rights ineffective

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