Default and Enforcement of Security Interest

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Subpart 1 of the Code of Virginia, titled “Default and Enforcement of Security Interest.” It is part of Part 6 “Default”, which is part of Title 8.9A “Commercial Code — Secured Transactions”. It contains 24 laws.

It’s comprised of the following 24 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-613	Contents and form of notification before disposition of collateral; general
§ 8.9A-614	Contents and form of notification before disposition of collateral; consumer-goods transaction
§ 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