{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-505.11.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-505.11.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-505.11.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-505.11.html"}],"law_id":87452,"edition_id":1,"section_id":87452,"structure_id":15099,"section_number":"59.1-505.11","catch_line":"Financing arrangements; effect on licensor&#8217;s rights","history":"2000, cc. 101, 996.","full_text":"a\n\nThe creation of a financier&#8217;s interest does not place any obligations on or alter the rights of a licensor.b\n\nA financier&#8217;s interest does not attach to any intellectual property rights of the licensor unless the licensor expressly consents to such attachment in a license or another record.","order_by":null,"text":{"0":{"id":313069,"text":"The creation of a financier&#8217;s interest does not place any obligations on or alter the rights of a licensor.","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"next_prefix":"b"},"1":{"id":313070,"text":"A financier&#8217;s interest does not attach to any intellectual property rights of the licensor unless the licensor expressly consents to such attachment in a license or another record.","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a"}},"ancestry":[{"id":15099,"edition_id":1,"name":"Transfer of Interests and Rights","identifier":"5","label":"article","depth":3,"order_by":1,"parent_id":12900,"metadata":{},"date_created":"2026-06-26 03:52:08","date_modified":"2026-06-26 03:52:08","permalink":{"id":262135,"object_type":"structure","relational_id":15099,"identifier":"5","token":"59.1\/43\/5","url":"\/59.1\/43\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12900,"edition_id":1,"name":"Uniform Computer Information Transactions Act","identifier":"43","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 03:44:00","date_modified":"2026-06-26 03:44:00","permalink":{"id":261885,"object_type":"structure","relational_id":12900,"identifier":"43","token":"59.1\/43","url":"\/59.1\/43\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":78105,"structure_id":15099,"section_number":"59.1-505.1","catch_line":"Ownership of informational rights","url":"\/59.1-505.1\/","token":"59.1\/43\/5\/59.1-505.1","metadata":false},{"id":85215,"structure_id":15099,"section_number":"59.1-505.10","catch_line":"Financing arrangements; remedies or enforcement","url":"\/59.1-505.10\/","token":"59.1\/43\/5\/59.1-505.10","metadata":false},{"id":87452,"structure_id":15099,"section_number":"59.1-505.11","catch_line":"Financing arrangements; effect on licensor's rights","url":"\/59.1-505.11\/","token":"59.1\/43\/5\/59.1-505.11","metadata":false},{"id":74503,"structure_id":15099,"section_number":"59.1-505.12","catch_line":"Reserved","url":"\/59.1-505.12\/","token":"59.1\/43\/5\/59.1-505.12","metadata":false},{"id":80183,"structure_id":15099,"section_number":"59.1-505.2","catch_line":"Title to copy","url":"\/59.1-505.2\/","token":"59.1\/43\/5\/59.1-505.2","metadata":false},{"id":68861,"structure_id":15099,"section_number":"59.1-505.3","catch_line":"Transfer of contractual interest","url":"\/59.1-505.3\/","token":"59.1\/43\/5\/59.1-505.3","metadata":false},{"id":57535,"structure_id":15099,"section_number":"59.1-505.4","catch_line":"Effect of transfer of contractual interest","url":"\/59.1-505.4\/","token":"59.1\/43\/5\/59.1-505.4","metadata":false},{"id":83644,"structure_id":15099,"section_number":"59.1-505.5","catch_line":"Performance by delegate; subcontract","url":"\/59.1-505.5\/","token":"59.1\/43\/5\/59.1-505.5","metadata":false},{"id":79000,"structure_id":15099,"section_number":"59.1-505.6","catch_line":"Transfer by licensee","url":"\/59.1-505.6\/","token":"59.1\/43\/5\/59.1-505.6","metadata":false},{"id":86505,"structure_id":15099,"section_number":"59.1-505.7","catch_line":"Financing if financier does not become licensee","url":"\/59.1-505.7\/","token":"59.1\/43\/5\/59.1-505.7","metadata":false},{"id":70886,"structure_id":15099,"section_number":"59.1-505.8","catch_line":"Finance licenses","url":"\/59.1-505.8\/","token":"59.1\/43\/5\/59.1-505.8","metadata":false},{"id":82662,"structure_id":15099,"section_number":"59.1-505.9","catch_line":"Financing arrangements; obligations irrevocable","url":"\/59.1-505.9\/","token":"59.1\/43\/5\/59.1-505.9","metadata":false}],"previous_section":{"id":85215,"structure_id":15099,"section_number":"59.1-505.10","catch_line":"Financing arrangements; remedies or enforcement","url":"\/59.1-505.10\/","token":"59.1\/43\/5\/59.1-505.10","metadata":false},"next_section":{"id":74503,"structure_id":15099,"section_number":"59.1-505.12","catch_line":"Reserved","url":"\/59.1-505.12\/","token":"59.1\/43\/5\/59.1-505.12","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-505.11\/","history_text":"<p>This law was first created in 2000. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?001+ful+CHAP0101\">101<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?001+ful+CHAP0996\">996<\/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":[{"id":87480,"section_number":"59.1-501.15","catch_line":"Variation by agreement; commercial practice","order_by":null,"url":"\/59.1-501.15\/"}],"refers_to":false,"permalink":{"id":262145,"object_type":"law","relational_id":87452,"identifier":"59.1-505.11","token":"59.1\/43\/5\/59.1-505.11","url":"\/59.1-505.11\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-505.11\/","token":"59.1\/43\/5\/59.1-505.11","dublin_core":{"Title":"Financing arrangements; effect on licensor&#8217;s rights","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-505.11","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"a\"><p><span class=\"prefix-number\">a.<\/span> The creation of a financier&#8217;s interest does not place any obligations on or alter the rights of a licensor. <a id=\"paragraph-313069\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-505.11\/#a\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"b\"><p><span class=\"prefix-number\">b.<\/span> A financier&#8217;s interest does not attach to any intellectual property rights of the licensor unless the licensor expressly consents to such <span class=\"dictionary\">attachment<\/span> in a license or another record. <a id=\"paragraph-313070\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-505.11\/#b\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nFINANCING ARRANGEMENTS; EFFECT ON LICENSOR&#8217;S RIGHTS (\u00a7 59.1-505.11)\n\na. The creation of a financier&#8217;s interest does not place any obligations\non or alter the rights of a licensor.\n\nb. A financier&#8217;s interest does not attach to any intellectual property\nrights of the licensor unless the licensor expressly consents to such attachment\nin a license or another record.\n\nHISTORY: 2000, cc. 101, 996.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}