{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/8.2A-109.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/8.2A-109.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/8.2A-109.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/8.2A-109.html"}],"law_id":378017,"edition_id":2,"section_id":378017,"structure_id":53722,"section_number":"8.2A-109","catch_line":"Option to accelerate at will","history":"1991, c. 536.","full_text":"1\n\nA term providing that one party or his or her successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or “when he or she deems himself or herself insecure” or in words of similar import must be construed to mean that he or she has power to do so only if he or she in good faith believes that the prospect of payment or performance is impaired.\n\n2\n\nWith respect to a consumer lease, the burden of establishing good faith under subsection (1) of this section is on the party who exercised the power; otherwise the burden of establishing lack of good faith is on the party against whom the power has been exercised.\n\n","order_by":null,"text":{"0":{"id":1410069,"text":"A term providing that one party or his or her successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or “when he or she deems himself or herself insecure” or in words of similar import must be construed to mean that he or she has power to do so only if he or she in good faith believes that the prospect of payment or performance is impaired.","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"next_prefix":"2"},"1":{"id":1410070,"text":"With respect to a consumer lease, the burden of establishing good faith under subsection (1) of this section is on the party who exercised the power; otherwise the burden of establishing lack of good faith is on the party against whom the power has been exercised.","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1"}},"ancestry":[{"id":53722,"edition_id":2,"name":"General Provisions","identifier":"1","label":"part","depth":2,"order_by":1,"parent_id":53721,"metadata":{"child_laws":9,"child_structures":0},"date_created":"2026-08-02 03:21:10","date_modified":"2026-08-02 12:28:30","permalink":{"id":1509371,"object_type":"structure","relational_id":53722,"identifier":"1","token":"8.2A\/1","url":"\/8.2A\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53721,"edition_id":2,"name":"Commercial Code \u2014 Leases","identifier":"8.2A","label":"title","depth":1,"order_by":17,"parent_id":null,"metadata":{"child_laws":80,"child_structures":8},"date_created":"2026-08-02 03:21:10","date_modified":"2026-08-02 12:28:30","permalink":{"id":1509369,"object_type":"structure","relational_id":53721,"identifier":"8.2A","token":"8.2A","url":"\/8.2A\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":378009,"structure_id":53722,"section_number":"8.2A-101","catch_line":"Short title","url":"\/8.2A-101\/","token":"8.2A\/1\/8.2A-101","metadata":false},{"id":378010,"structure_id":53722,"section_number":"8.2A-102","catch_line":"Scope","url":"\/8.2A-102\/","token":"8.2A\/1\/8.2A-102","metadata":false},{"id":378011,"structure_id":53722,"section_number":"8.2A-103","catch_line":"Definitions and index of definitions","url":"\/8.2A-103\/","token":"8.2A\/1\/8.2A-103","metadata":false},{"id":378012,"structure_id":53722,"section_number":"8.2A-104","catch_line":"Leases subject to other law","url":"\/8.2A-104\/","token":"8.2A\/1\/8.2A-104","metadata":false},{"id":378013,"structure_id":53722,"section_number":"8.2A-105","catch_line":"Territorial application of title to goods covered by certificate of title","url":"\/8.2A-105\/","token":"8.2A\/1\/8.2A-105","metadata":false},{"id":378014,"structure_id":53722,"section_number":"8.2A-106","catch_line":"Limitation on power of parties to consumer lease to choose applicable law and judicial forum","url":"\/8.2A-106\/","token":"8.2A\/1\/8.2A-106","metadata":false},{"id":378015,"structure_id":53722,"section_number":"8.2A-107","catch_line":"Waiver or renunciation of claim or right after default","url":"\/8.2A-107\/","token":"8.2A\/1\/8.2A-107","metadata":false},{"id":378016,"structure_id":53722,"section_number":"8.2A-108","catch_line":"Unconscionability","url":"\/8.2A-108\/","token":"8.2A\/1\/8.2A-108","metadata":false},{"id":378017,"structure_id":53722,"section_number":"8.2A-109","catch_line":"Option to accelerate at will","url":"\/8.2A-109\/","token":"8.2A\/1\/8.2A-109","metadata":false}],"previous_section":{"id":378016,"structure_id":53722,"section_number":"8.2A-108","catch_line":"Unconscionability","url":"\/8.2A-108\/","token":"8.2A\/1\/8.2A-108","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.2A-109\/","history_text":"

This law was first created in 1991. The record of its establishment is cataloged in chapter 536 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1991 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":1509405,"object_type":"law","relational_id":378017,"identifier":"8.2A-109","token":"8.2A\/1\/8.2A-109","url":"\/8.2A-109\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/8.2A-109\/","token":"8.2A\/1\/8.2A-109","dublin_core":{"Title":"Option to accelerate at will","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.2A-109","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

1.<\/span> A term providing that one party<\/span> or his or her successor in interest may accelerate payment or performance or require collateral<\/span> or additional collateral<\/span> “at will<\/span>” or “when he or she deems himself or herself insecure<\/span>” or in words of similar import must be construed to mean that he or she has power to do so only if he or she in good faith believes that the prospect of payment or performance is impaired. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> With respect to a consumer lease, the burden of establishing good faith under subsection (1) of this section is on the party<\/span> who exercised the power; otherwise the burden of establishing lack of good faith is on the party<\/span> against whom the power has been exercised. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nOPTION TO ACCELERATE AT WILL (\u00a7 8.2A-109)\n\n1. A term providing that one party or his or her successor in interest may\naccelerate payment or performance or require collateral or additional collateral\n“at will” or “when he or she deems himself or herself\ninsecure” or in words of similar import must be construed to mean that he\nor she has power to do so only if he or she in good faith believes that the\nprospect of payment or performance is impaired.\n\n2. With respect to a consumer lease, the burden of establishing good faith under\nsubsection (1) of this section is on the party who exercised the power;\notherwise the burden of establishing lack of good faith is on the party against\nwhom the power has been exercised.\n\nHISTORY: 1991, c. 536.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}