{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.9A-209.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.9A-209.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.9A-209.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.9A-209.html"}],"law_id":63561,"edition_id":1,"section_id":63561,"structure_id":16040,"section_number":"8.9A-209","catch_line":"Duties of secured party if account debtor has been notified of assignment","history":"2000, c. 1007; 2024, c. 652.","full_text":"a\n\nApplicability of section. Except as otherwise provided in subsection (c), this section applies if:1\n\nthere is no outstanding secured obligation; and2\n\nthe secured party is not committed to make advances, incur obligations, or otherwise give value.b\n\nDuties of secured party after receiving demand from debtor. Within ten days after receiving a signed demand by the debtor, a secured party shall send to an account debtor that has received notification under subsection (a) of &#xA7; 8.9A-406 or subsection (b) of &#xA7; 8.12-106 of an assignment to the secured party as assignee a signed record that releases the account debtor from any further obligation to the secured party.c\n\nInapplicability to sales. This section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible.","order_by":null,"text":{"0":{"id":231573,"text":"Applicability of section. Except as otherwise provided in subsection (c), this section applies if:","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"next_prefix":"a1"},"1":{"id":231574,"text":"there is no outstanding secured obligation; and","type":"section","prefixes":["a","1"],"prefix":"1","entire_prefix":"a1","prefix_anchor":"a1","level":2,"prior_prefix":"a","next_prefix":"a2"},"2":{"id":231575,"text":"the secured party is not committed to make advances, incur obligations, or otherwise give value.","type":"section","prefixes":["a","2"],"prefix":"2","entire_prefix":"a2","prefix_anchor":"a2","level":2,"prior_prefix":"a1","next_prefix":"b"},"3":{"id":231576,"text":"Duties of secured party after receiving demand from debtor. Within ten days after receiving a signed demand by the debtor, a secured party shall send to an account debtor that has received notification under subsection (a) of &#xA7; 8.9A-406 or subsection (b) of &#xA7; 8.12-106 of an assignment to the secured party as assignee a signed record that releases the account debtor from any further obligation to the secured party.","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a2","next_prefix":"c"},"4":{"id":231577,"text":"Inapplicability to sales. This section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible.","type":"section","prefixes":["c"],"prefix":"c","entire_prefix":"c","prefix_anchor":"c","level":1,"prior_prefix":"b"}},"ancestry":[{"id":16040,"edition_id":1,"name":"Rights and Duties","identifier":"2","label":"subpart","depth":3,"order_by":1,"parent_id":13278,"metadata":{},"date_created":"2026-06-26 04:04:30","date_modified":"2026-06-26 04:04:30","permalink":{"id":283925,"object_type":"structure","relational_id":16040,"identifier":"2","token":"8.9A\/2\/2","url":"\/8.9A\/2\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13278,"edition_id":1,"name":"Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement","identifier":"2","label":"part","depth":2,"order_by":1,"parent_id":13277,"metadata":{},"date_created":"2026-06-26 03:44:33","date_modified":"2026-06-26 03:44:33","permalink":{"id":283893,"object_type":"structure","relational_id":13278,"identifier":"2","token":"8.9A\/2","url":"\/8.9A\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13277,"edition_id":1,"name":"Commercial Code \u2014 Secured Transactions","identifier":"8.9A","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:33","date_modified":"2026-06-26 03:44:33","permalink":{"id":283833,"object_type":"structure","relational_id":13277,"identifier":"8.9A","token":"8.9A","url":"\/8.9A\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":62908,"structure_id":16040,"section_number":"8.9A-207","catch_line":"Rights and duties of secured party having possession or control of collateral","url":"\/8.9A-207\/","token":"8.9A\/2\/2\/8.9A-207","metadata":false},{"id":64267,"structure_id":16040,"section_number":"8.9A-208","catch_line":"Additional duties of secured party having control of collateral","url":"\/8.9A-208\/","token":"8.9A\/2\/2\/8.9A-208","metadata":false},{"id":63561,"structure_id":16040,"section_number":"8.9A-209","catch_line":"Duties of secured party if account debtor has been notified of assignment","url":"\/8.9A-209\/","token":"8.9A\/2\/2\/8.9A-209","metadata":false},{"id":78664,"structure_id":16040,"section_number":"8.9A-210","catch_line":"Request for accounting; request regarding list of collateral or statement of account","url":"\/8.9A-210\/","token":"8.9A\/2\/2\/8.9A-210","metadata":false}],"previous_section":{"id":64267,"structure_id":16040,"section_number":"8.9A-208","catch_line":"Additional duties of secured party having control of collateral","url":"\/8.9A-208\/","token":"8.9A\/2\/2\/8.9A-208","metadata":false},"next_section":{"id":78664,"structure_id":16040,"section_number":"8.9A-210","catch_line":"Request for accounting; request regarding list of collateral or statement of account","url":"\/8.9A-210\/","token":"8.9A\/2\/2\/8.9A-210","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.9A-209\/","history_text":"<p>This law was first created in 2000. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?001+ful+CHAP1007\">1007<\/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. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2024, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?241+ful+CHAP0652\">652<\/a>.<\/p>","references":false,"refers_to":[{"id":56311,"section_number":"8.12-106","catch_line":"Discharge of account debtor on controllable account or controllable payment intangible","order_by":null,"url":"\/8.12-106\/"},{"id":78910,"section_number":"8.9A-406","catch_line":"Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective","order_by":null,"url":"\/8.9A-406\/"}],"permalink":{"id":283935,"object_type":"law","relational_id":63561,"identifier":"8.9A-209","token":"8.9A\/2\/2\/8.9A-209","url":"\/8.9A-209\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.9A-209\/","token":"8.9A\/2\/2\/8.9A-209","dublin_core":{"Title":"Duties of secured party if account debtor has been notified of assignment","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.9A-209","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"a\"><p><span class=\"prefix-number\">a.<\/span> Applicability of section. Except as otherwise provided in subsection (c), this section applies if: <a id=\"paragraph-231573\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.9A-209\/#a\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"a1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> there is no outstanding secured obligation; and <a id=\"paragraph-231574\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.9A-209\/#a1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"a2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> the secured <span class=\"dictionary\">party<\/span> is not committed to make advances, incur obligations, or otherwise give value. <a id=\"paragraph-231575\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.9A-209\/#a2\"><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> Duties of secured <span class=\"dictionary\">party<\/span> after receiving demand from debtor. Within ten days after receiving a signed demand by the debtor, a secured <span class=\"dictionary\">party<\/span> shall send to an account debtor that has received notification under subsection (a) of &#xA7; <a class=\"law\" title=\"Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective\" href=\"\/8.9A-406\/\">8.9A-406<\/a> or subsection (b) of &#xA7; <a class=\"law\" title=\"Discharge of account debtor on controllable account or controllable payment intangible\" href=\"\/8.12-106\/\">8.12-106<\/a> of an assignment to the secured <span class=\"dictionary\">party<\/span> as assignee a signed record that releases the account debtor from any further obligation to the secured <span class=\"dictionary\">party<\/span>. <a id=\"paragraph-231576\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.9A-209\/#b\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"c\"><p><span class=\"prefix-number\">c.<\/span> Inapplicability to sales. This section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible. <a id=\"paragraph-231577\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.9A-209\/#c\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDUTIES OF SECURED PARTY IF ACCOUNT DEBTOR HAS BEEN NOTIFIED OF ASSIGNMENT (\u00a7\n8.9A-209)\n\na. Applicability of section. Except as otherwise provided in subsection (c),\nthis section applies if:\n\n   1. there is no outstanding secured obligation; and\n\n   2. the secured party is not committed to make advances, incur obligations, or\n   otherwise give value.\n\nb. Duties of secured party after receiving demand from debtor. Within ten days\nafter receiving a signed demand by the debtor, a secured party shall send to an\naccount debtor that has received notification under subsection (a) of &#xA7;\n8.9A-406 or subsection (b) of &#xA7; 8.12-106 of an assignment to the secured\nparty as assignee a signed record that releases the account debtor from any\nfurther obligation to the secured party.\n\nc. Inapplicability to sales. This section does not apply to an assignment\nconstituting the sale of an account, chattel paper, or payment intangible.\n\nHISTORY: 2000, c. 1007; 2024, c. 652.","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}}