Default And Enforcement Of Security Interest
This is Part 1 of the Code of Virginia, titled “Default And Enforcement Of Security Interest.” It is part of Title 8.9A, titled “Commercial Code -- Secured Transactions.” It’s comprised of the following 22 sections.
- § 8.9a-601
- Rights after default; judicial enforcement, consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes
- § 8.9a-602
- Waiver and variance of rights and duties
- § 8.9a-603
- Agreement on standards concerning rights and duties
- § 8.9a-604
- Procedure if security agreement covers real property or fixtures
- § 8.9a-605
- Unknown debtor or secondary obligor
- § 8.9a-606
- Time of default for agricultural lien
- § 8.9a-607
- Collection and enforcement by secured party
- § 8.9a-608
- Application of proceeds of collection or enforcement; liability for deficiency and right to surplus
- § 8.9a-609
- Secured party's right to take possession after default
- § 8.9a-610
- Disposition of collateral after default
- § 8.9a-611
- Notification before disposition of collateral
- § 8.9a-612
- Timeliness of notification before disposition of collateral
- § 8.9a-615
- Application of proceeds of disposition; liability for deficiency and right to surplus
- § 8.9a-616
- Explanation of calculation of surplus or deficiency
- § 8.9a-617
- Rights of transferee of collateral
- § 8.9a-618
- Rights and duties of certain secondary obligors
- § 8.9a-619
- Transfer of record or legal title
- § 8.9a-620
- Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral
- § 8.9a-621
- Notification of proposal to accept collateral
- § 8.9a-622
- Effect of acceptance of collateral
- § 8.9a-623
- Right to redeem collateral
- § 8.9a-624
- Waiver