{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/8.9A-326.1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/8.9A-326.1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/8.9A-326.1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/8.9A-326.1.html"}],"law_id":378406,"edition_id":2,"section_id":378406,"structure_id":53774,"section_number":"8.9A-326.1","catch_line":"Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible","history":"2024, c. 652.","full_text":"A security interest in a controllable account, controllable electronic record, or controllable payment intangible held by a secured party having control of the account, electronic record, or payment intangible has priority over a conflicting security interest held by a secured party that does not have control.\n\n","order_by":null,"text":{"0":{"id":1412484,"text":"A security interest in a controllable account, controllable electronic record, or controllable payment intangible held by a secured party having control of the account, electronic record, or payment intangible has priority over a conflicting security interest held by a secured party that does not have control.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":53774,"edition_id":2,"name":"Priority","identifier":"3","label":"subpart","depth":3,"order_by":3,"parent_id":53771,"metadata":{"child_laws":24,"child_structures":0},"date_created":"2026-08-02 03:22:03","date_modified":"2026-08-02 12:28:37","permalink":{"id":1511027,"object_type":"structure","relational_id":53774,"identifier":"3","token":"8.9A\/3\/3","url":"\/8.9A\/3\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53771,"edition_id":2,"name":"Perfection and Priority","identifier":"3","label":"part","depth":2,"order_by":3,"parent_id":53764,"metadata":{"child_laws":46,"child_structures":4},"date_created":"2026-08-02 03:21:58","date_modified":"2026-08-02 12:28:37","permalink":{"id":1510945,"object_type":"structure","relational_id":53771,"identifier":"3","token":"8.9A\/3","url":"\/8.9A\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53764,"edition_id":2,"name":"Commercial Code \u2014 Secured Transactions","identifier":"8.9A","label":"title","depth":1,"order_by":30,"parent_id":null,"metadata":{"child_laws":153,"child_structures":20},"date_created":"2026-08-02 03:21:54","date_modified":"2026-08-02 12:28:36","permalink":{"id":1510835,"object_type":"structure","relational_id":53764,"identifier":"8.9A","token":"8.9A","url":"\/8.9A\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":378397,"structure_id":53774,"section_number":"8.9A-317","catch_line":"Interests that take priority over or take free of security interest or agricultural lien","url":"\/8.9A-317\/","token":"8.9A\/3\/3\/8.9A-317","metadata":false},{"id":378398,"structure_id":53774,"section_number":"8.9A-318","catch_line":"No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers","url":"\/8.9A-318\/","token":"8.9A\/3\/3\/8.9A-318","metadata":false},{"id":378399,"structure_id":53774,"section_number":"8.9A-319","catch_line":"Rights and title of consignee with respect to creditors and purchasers","url":"\/8.9A-319\/","token":"8.9A\/3\/3\/8.9A-319","metadata":false},{"id":378400,"structure_id":53774,"section_number":"8.9A-320","catch_line":"Buyer of goods","url":"\/8.9A-320\/","token":"8.9A\/3\/3\/8.9A-320","metadata":false},{"id":378401,"structure_id":53774,"section_number":"8.9A-321","catch_line":"Licensee of general intangible and lessee of goods in ordinary course of business","url":"\/8.9A-321\/","token":"8.9A\/3\/3\/8.9A-321","metadata":false},{"id":378402,"structure_id":53774,"section_number":"8.9A-322","catch_line":"Priorities among conflicting security interests in and agricultural liens on same collateral","url":"\/8.9A-322\/","token":"8.9A\/3\/3\/8.9A-322","metadata":false},{"id":378403,"structure_id":53774,"section_number":"8.9A-323","catch_line":"Future advances","url":"\/8.9A-323\/","token":"8.9A\/3\/3\/8.9A-323","metadata":false},{"id":378404,"structure_id":53774,"section_number":"8.9A-324","catch_line":"Priority of purchase-money security interests","url":"\/8.9A-324\/","token":"8.9A\/3\/3\/8.9A-324","metadata":false},{"id":378405,"structure_id":53774,"section_number":"8.9A-325","catch_line":"Priority of security interests in transferred collateral","url":"\/8.9A-325\/","token":"8.9A\/3\/3\/8.9A-325","metadata":false},{"id":378407,"structure_id":53774,"section_number":"8.9A-326","catch_line":"Priority of security interests created by new debtor","url":"\/8.9A-326\/","token":"8.9A\/3\/3\/8.9A-326","metadata":false},{"id":378406,"structure_id":53774,"section_number":"8.9A-326.1","catch_line":"Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible","url":"\/8.9A-326.1\/","token":"8.9A\/3\/3\/8.9A-326.1","metadata":false},{"id":378408,"structure_id":53774,"section_number":"8.9A-327","catch_line":"Priority of security interests in deposit account","url":"\/8.9A-327\/","token":"8.9A\/3\/3\/8.9A-327","metadata":false},{"id":378409,"structure_id":53774,"section_number":"8.9A-328","catch_line":"Priority of security interests in investment property","url":"\/8.9A-328\/","token":"8.9A\/3\/3\/8.9A-328","metadata":false},{"id":378410,"structure_id":53774,"section_number":"8.9A-329","catch_line":"Priority of security interests in letter-of-credit right","url":"\/8.9A-329\/","token":"8.9A\/3\/3\/8.9A-329","metadata":false},{"id":378411,"structure_id":53774,"section_number":"8.9A-330","catch_line":"Priority of purchaser of chattel paper or instrument","url":"\/8.9A-330\/","token":"8.9A\/3\/3\/8.9A-330","metadata":{"court_decisions":{"0":{"name":" .\u202f.\u202f. Swanson v. Applied Process Technology International, LLC (In .\u202f.\u202f. ","case_number":"Bankruptcy No. 10-50980-SCS; Adversary No. 10-05043-SCS","citation":"475 B.R. 495","date":"2012-07-09","url":"https:\/\/www.courtlistener.com\/opinion\/8522445\/swanson-v-applied-process-technology-international-llc-in-re-delta-t\/","abstract":" .\u202f.\u202f. MEMORANDUM OPINION .\u202f.\u202f. ","court_html":"United States Bankruptcy Court, E.D. Virginia"}}}},{"id":378412,"structure_id":53774,"section_number":"8.9A-331","catch_line":"Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment intangibles, documents, instruments and securities under other titles, priority of interests in financial assets and security entitlements and protection against assertion of claims under Titles 8.8A and 8.12","url":"\/8.9A-331\/","token":"8.9A\/3\/3\/8.9A-331","metadata":false},{"id":378413,"structure_id":53774,"section_number":"8.9A-332","catch_line":"Transfer of money, transfer of funds from deposit account","url":"\/8.9A-332\/","token":"8.9A\/3\/3\/8.9A-332","metadata":false},{"id":378414,"structure_id":53774,"section_number":"8.9A-333","catch_line":"Priority of certain liens arising by operation of law","url":"\/8.9A-333\/","token":"8.9A\/3\/3\/8.9A-333","metadata":false},{"id":378415,"structure_id":53774,"section_number":"8.9A-334","catch_line":"Priority of security interests in fixtures and crops","url":"\/8.9A-334\/","token":"8.9A\/3\/3\/8.9A-334","metadata":false},{"id":378416,"structure_id":53774,"section_number":"8.9A-335","catch_line":"Accessions","url":"\/8.9A-335\/","token":"8.9A\/3\/3\/8.9A-335","metadata":false},{"id":378417,"structure_id":53774,"section_number":"8.9A-336","catch_line":"Commingled goods","url":"\/8.9A-336\/","token":"8.9A\/3\/3\/8.9A-336","metadata":false},{"id":378418,"structure_id":53774,"section_number":"8.9A-337","catch_line":"Priority of security interests in goods covered by certificate of title","url":"\/8.9A-337\/","token":"8.9A\/3\/3\/8.9A-337","metadata":false},{"id":378419,"structure_id":53774,"section_number":"8.9A-338","catch_line":"Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information","url":"\/8.9A-338\/","token":"8.9A\/3\/3\/8.9A-338","metadata":false},{"id":378420,"structure_id":53774,"section_number":"8.9A-339","catch_line":"Priority subject to subordination","url":"\/8.9A-339\/","token":"8.9A\/3\/3\/8.9A-339","metadata":false}],"previous_section":{"id":378407,"structure_id":53774,"section_number":"8.9A-326","catch_line":"Priority of security interests created by new debtor","url":"\/8.9A-326\/","token":"8.9A\/3\/3\/8.9A-326","metadata":false},"next_section":{"id":378408,"structure_id":53774,"section_number":"8.9A-327","catch_line":"Priority of security interests in deposit account","url":"\/8.9A-327\/","token":"8.9A\/3\/3\/8.9A-327","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.9A-326.1\/","history_text":"<p>This law was first created in 2024. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?241+ful+CHAP0652\">652<\/a> 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.<\/p>","references":false,"refers_to":false,"permalink":{"id":1511069,"object_type":"law","relational_id":378406,"identifier":"8.9A-326.1","token":"8.9A\/3\/3\/8.9A-326.1","url":"\/8.9A-326.1\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/8.9A-326.1\/","token":"8.9A\/3\/3\/8.9A-326.1","dublin_core":{"Title":"Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.9A-326.1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>A security interest in a controllable account, controllable electronic record, or controllable payment intangible held by a secured <span class=\"dictionary\">party<\/span> having control of the account, electronic record, or payment intangible has priority over a conflicting security interest held by a secured <span class=\"dictionary\">party<\/span> that does not have control.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPRIORITY OF SECURITY INTEREST IN CONTROLLABLE ACCOUNT, CONTROLLABLE ELECTRONIC\nRECORD, AND CONTROLLABLE PAYMENT INTANGIBLE (\u00a7 8.9A-326.1)\n\nA security interest in a controllable account, controllable electronic record,\nor controllable payment intangible held by a secured party having control of the\naccount, electronic record, or payment intangible has priority over a\nconflicting security interest held by a secured party that does not have\ncontrol.\n\nHISTORY: 2024, c. 652.","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"}}