CODE OF VIRGINIA

PRIORITY OF SECURITY INTEREST IN CONTROLLABLE ACCOUNT, CONTROLLABLE ELECTRONIC
RECORD, AND CONTROLLABLE PAYMENT INTANGIBLE (§ 8.9A-326.1)

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.

HISTORY: 2024, c. 652.