{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.9A-316.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.9A-316.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.9A-316.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.9A-316.html"}],"law_id":82133,"edition_id":1,"section_id":82133,"structure_id":15119,"section_number":"8.9A-316","catch_line":"Effect of change in governing law","history":"Code 1950, \u00a7 55-9; 1964, c. 219, \u00a7 8.9-103; 1973, c. 509; 1984, c. 613; 1996, c. 216; 1997, c. 343; 2000, c. 1007; 2012, c. 155; 2024, c. 652.","full_text":"a\n\nGeneral rule; effect on perfection of change in governing law. A security interest perfected pursuant to the law of the jurisdiction designated in \u00a7 8.9A-301 (1), 8.9A-305 (c), 8.9A-306.1 (d), or 8.9A-306.2 (b) remains perfected until the earliest of:1\n\nthe time perfection would have ceased under the law of that jurisdiction;2\n\nthe expiration of four months after a change of the debtor’s location to another jurisdiction; or3\n\nthe expiration of one year after a transfer of collateral to a person that thereby becomes a debtor and is located in another jurisdiction.b\n\nSecurity interest perfected or unperfected under law of new jurisdiction. If a security interest described in subsection (a) becomes perfected under the law of the other jurisdiction before the earliest time or event described in that subsection, it remains perfected thereafter. If the security interest does not become perfected under the law of the other jurisdiction before the earliest time or event, it becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral for value.c\n\nPossessory security interest in collateral moved to new jurisdiction. A possessory security interest in collateral, other than goods covered by a certificate of title and as-extracted collateral consisting of goods, remains continuously perfected if:1\n\nthe collateral is located in one jurisdiction and subject to a security interest perfected under the law of that jurisdiction;2\n\nthereafter the collateral is brought into another jurisdiction; and3\n\nupon entry into the other jurisdiction, the security interest is perfected under the law of the other jurisdiction.d\n\nGoods covered by certificate of title from the Commonwealth. Except as otherwise provided in subsection (e), a security interest in goods covered by a certificate of title which is perfected by any method under the law of another jurisdiction when the goods become covered by a certificate of title from the Commonwealth remains perfected until the security interest would have become unperfected under the law of the other jurisdiction had the goods not become so covered.e\n\nWhen subsection (d) security interest becomes unperfected against purchasers. A security interest described in subsection (d) becomes unperfected as against a purchaser of the goods for value and is deemed never to have been perfected as against a purchaser of the goods for value if the applicable requirements for perfection under \u00a7 8.9A-311 (b) or 8.9A-313 are not satisfied before the earlier of:1\n\nthe time the security interest would have become unperfected under the law of the other jurisdiction had the goods not become covered by a certificate of title from the Commonwealth; or2\n\nthe expiration of four months after the goods had become so covered.f\n\nChange in jurisdiction of chattel paper, controllable electronic record, bank, issuer, nominated person, securities intermediary, or commodity intermediary. A security interest in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, letter-of-credit rights, or investment property which is perfected under the law of the chattel paper’s jurisdiction, the controllable electronic record’s jurisdiction, the bank’s jurisdiction, the issuer’s jurisdiction, a nominated person’s jurisdiction, the securities intermediary’s jurisdiction, or the commodity intermediary’s jurisdiction, as applicable, remains perfected until the earlier of:1\n\nthe time the security interest would have become unperfected under the law of that jurisdiction; or2\n\nthe expiration of four months after a change of the applicable jurisdiction to another jurisdiction.g\n\nSubsection (f) security interest perfected or unperfected under law of new jurisdiction. If a security interest described in subsection (f) becomes perfected under the law of the other jurisdiction before the earlier of the time or the end of the period described in that subsection, it remains perfected thereafter. If the security interest does not become perfected under the law of the other jurisdiction before the earlier of that time or the end of that period, it becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral for value.h\n\nEffect on filed financing statement of change in governing law. The following rules apply to collateral to which a security interest attaches within four months after the debtor changes its location to another jurisdiction:1\n\nA financing statement filed before the change pursuant to the law of the jurisdiction designated in § 8.9A-301 (1) or 8.9A-305 (c) is effective to perfect a security interest in the collateral if the financing statement would have been effective to perfect a security interest in the collateral if the debtor had not changed its location.2\n\nIf a security interest perfected by a financing statement that is effective under paragraph (1) becomes perfected under the law of the other jurisdiction before the earlier of the time the financing statement would have become ineffective under the law of the jurisdiction designated in § 8.9A-301 (1) or 8.9A-305 (c) or the expiration of the four-month period, it remains perfected thereafter. If the security interest does not become perfected under the law of the other jurisdiction before the earlier time or event, it becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral for value.i\n\nEffect of change in governing law on financing statement filed against original debtor. If a financing statement naming an original debtor is filed pursuant to the law of the jurisdiction designated in \u00a7 8.9A-301 (1) or 8.9A-305 (c) and the new debtor is located in another jurisdiction, the following rules apply:1\n\nThe financing statement is effective to perfect a security interest in collateral in which the new debtor has or acquires rights before or within four months after the new debtor becomes bound under § 8.9A-203(d), if the financing statement would have been effective to perfect a security interest in the collateral if the collateral had been acquired by the original debtor.2\n\nA security interest that is perfected by the financing statement and which becomes perfected under the law of the other jurisdiction before the earlier of the expiration of the four-month period or the time the financing statement would have become ineffective under the law of the jurisdiction designated in § 8.9A-301 (1) or 8.9A-305 (c) remains perfected thereafter. A security interest that is perfected by the financing statement but which does not become perfected under the law of the other jurisdiction before the earlier time or event becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral for value.","order_by":null,"text":{"0":{"id":294351,"text":"General rule; effect on perfection of change in governing law. A security interest perfected pursuant to the law of the jurisdiction designated in \u00a7 8.9A-301 (1), 8.9A-305 (c), 8.9A-306.1 (d), or 8.9A-306.2 (b) remains perfected until the earliest of:","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"next_prefix":"a1"},"1":{"id":294352,"text":"the time perfection would have ceased under the law of that jurisdiction;","type":"section","prefixes":["a","1"],"prefix":"1","entire_prefix":"a1","prefix_anchor":"a1","level":2,"prior_prefix":"a","next_prefix":"a2"},"2":{"id":294353,"text":"the expiration of four months after a change of the debtor’s location to another jurisdiction; or","type":"section","prefixes":["a","2"],"prefix":"2","entire_prefix":"a2","prefix_anchor":"a2","level":2,"prior_prefix":"a1","next_prefix":"a3"},"3":{"id":294354,"text":"the expiration of one year after a transfer of collateral to a person that thereby becomes a debtor and is located in another jurisdiction.","type":"section","prefixes":["a","3"],"prefix":"3","entire_prefix":"a3","prefix_anchor":"a3","level":2,"prior_prefix":"a2","next_prefix":"b"},"4":{"id":294355,"text":"Security interest perfected or unperfected under law of new jurisdiction. If a security interest described in subsection (a) becomes perfected under the law of the other jurisdiction before the earliest time or event described in that subsection, it remains perfected thereafter. If the security interest does not become perfected under the law of the other jurisdiction before the earliest time or event, it becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral for value.","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a3","next_prefix":"c"},"5":{"id":294356,"text":"Possessory security interest in collateral moved to new jurisdiction. A possessory security interest in collateral, other than goods covered by a certificate of title and as-extracted collateral consisting of goods, remains continuously perfected if:","type":"section","prefixes":["c"],"prefix":"c","entire_prefix":"c","prefix_anchor":"c","level":1,"prior_prefix":"b","next_prefix":"c1"},"6":{"id":294357,"text":"the collateral is located in one jurisdiction and subject to a security interest perfected under the law of that jurisdiction;","type":"section","prefixes":["c","1"],"prefix":"1","entire_prefix":"c1","prefix_anchor":"c1","level":2,"prior_prefix":"c","next_prefix":"c2"},"7":{"id":294358,"text":"thereafter the collateral is brought into another jurisdiction; and","type":"section","prefixes":["c","2"],"prefix":"2","entire_prefix":"c2","prefix_anchor":"c2","level":2,"prior_prefix":"c1","next_prefix":"c3"},"8":{"id":294359,"text":"upon entry into the other jurisdiction, the security interest is perfected under the law of the other jurisdiction.","type":"section","prefixes":["c","3"],"prefix":"3","entire_prefix":"c3","prefix_anchor":"c3","level":2,"prior_prefix":"c2","next_prefix":"d"},"9":{"id":294360,"text":"Goods covered by certificate of title from the Commonwealth. Except as otherwise provided in subsection (e), a security interest in goods covered by a certificate of title which is perfected by any method under the law of another jurisdiction when the goods become covered by a certificate of title from the Commonwealth remains perfected until the security interest would have become unperfected under the law of the other jurisdiction had the goods not become so covered.","type":"section","prefixes":["d"],"prefix":"d","entire_prefix":"d","prefix_anchor":"d","level":1,"prior_prefix":"c3","next_prefix":"e"},"10":{"id":294361,"text":"When subsection (d) security interest becomes unperfected against purchasers. A security interest described in subsection (d) becomes unperfected as against a purchaser of the goods for value and is deemed never to have been perfected as against a purchaser of the goods for value if the applicable requirements for perfection under \u00a7 8.9A-311 (b) or 8.9A-313 are not satisfied before the earlier of:","type":"section","prefixes":["e"],"prefix":"e","entire_prefix":"e","prefix_anchor":"e","level":1,"prior_prefix":"d","next_prefix":"e1"},"11":{"id":294362,"text":"the time the security interest would have become unperfected under the law of the other jurisdiction had the goods not become covered by a certificate of title from the Commonwealth; or","type":"section","prefixes":["e","1"],"prefix":"1","entire_prefix":"e1","prefix_anchor":"e1","level":2,"prior_prefix":"e","next_prefix":"e2"},"12":{"id":294363,"text":"the expiration of four months after the goods had become so covered.","type":"section","prefixes":["e","2"],"prefix":"2","entire_prefix":"e2","prefix_anchor":"e2","level":2,"prior_prefix":"e1","next_prefix":"f"},"13":{"id":294364,"text":"Change in jurisdiction of chattel paper, controllable electronic record, bank, issuer, nominated person, securities intermediary, or commodity intermediary. A security interest in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, letter-of-credit rights, or investment property which is perfected under the law of the chattel paper’s jurisdiction, the controllable electronic record’s jurisdiction, the bank’s jurisdiction, the issuer’s jurisdiction, a nominated person’s jurisdiction, the securities intermediary’s jurisdiction, or the commodity intermediary’s jurisdiction, as applicable, remains perfected until the earlier of:","type":"section","prefixes":["f"],"prefix":"f","entire_prefix":"f","prefix_anchor":"f","level":1,"prior_prefix":"e2","next_prefix":"f1"},"14":{"id":294365,"text":"the time the security interest would have become unperfected under the law of that jurisdiction; or","type":"section","prefixes":["f","1"],"prefix":"1","entire_prefix":"f1","prefix_anchor":"f1","level":2,"prior_prefix":"f","next_prefix":"f2"},"15":{"id":294366,"text":"the expiration of four months after a change of the applicable jurisdiction to another jurisdiction.","type":"section","prefixes":["f","2"],"prefix":"2","entire_prefix":"f2","prefix_anchor":"f2","level":2,"prior_prefix":"f1","next_prefix":"g"},"16":{"id":294367,"text":"Subsection (f) security interest perfected or unperfected under law of new jurisdiction. If a security interest described in subsection (f) becomes perfected under the law of the other jurisdiction before the earlier of the time or the end of the period described in that subsection, it remains perfected thereafter. If the security interest does not become perfected under the law of the other jurisdiction before the earlier of that time or the end of that period, it becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral for value.","type":"section","prefixes":["g"],"prefix":"g","entire_prefix":"g","prefix_anchor":"g","level":1,"prior_prefix":"f2","next_prefix":"h"},"17":{"id":294368,"text":"Effect on filed financing statement of change in governing law. The following rules apply to collateral to which a security interest attaches within four months after the debtor changes its location to another jurisdiction:","type":"section","prefixes":["h"],"prefix":"h","entire_prefix":"h","prefix_anchor":"h","level":1,"prior_prefix":"g","next_prefix":"h1"},"18":{"id":294369,"text":"A financing statement filed before the change pursuant to the law of the jurisdiction designated in § 8.9A-301 (1) or 8.9A-305 (c) is effective to perfect a security interest in the collateral if the financing statement would have been effective to perfect a security interest in the collateral if the debtor had not changed its location.","type":"section","prefixes":["h","1"],"prefix":"1","entire_prefix":"h1","prefix_anchor":"h1","level":2,"prior_prefix":"h","next_prefix":"h2"},"19":{"id":294370,"text":"If a security interest perfected by a financing statement that is effective under paragraph (1) becomes perfected under the law of the other jurisdiction before the earlier of the time the financing statement would have become ineffective under the law of the jurisdiction designated in § 8.9A-301 (1) or 8.9A-305 (c) or the expiration of the four-month period, it remains perfected thereafter. If the security interest does not become perfected under the law of the other jurisdiction before the earlier time or event, it becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral for value.","type":"section","prefixes":["h","2"],"prefix":"2","entire_prefix":"h2","prefix_anchor":"h2","level":2,"prior_prefix":"h1","next_prefix":"i"},"20":{"id":294371,"text":"Effect of change in governing law on financing statement filed against original debtor. If a financing statement naming an original debtor is filed pursuant to the law of the jurisdiction designated in \u00a7 8.9A-301 (1) or 8.9A-305 (c) and the new debtor is located in another jurisdiction, the following rules apply:","type":"section","prefixes":["i"],"prefix":"i","entire_prefix":"i","prefix_anchor":"i","level":1,"prior_prefix":"h2","next_prefix":"i1"},"21":{"id":294372,"text":"The financing statement is effective to perfect a security interest in collateral in which the new debtor has or acquires rights before or within four months after the new debtor becomes bound under § 8.9A-203(d), if the financing statement would have been effective to perfect a security interest in the collateral if the collateral had been acquired by the original debtor.","type":"section","prefixes":["i","1"],"prefix":"1","entire_prefix":"i1","prefix_anchor":"i1","level":2,"prior_prefix":"i","next_prefix":"i2"},"22":{"id":294373,"text":"A security interest that is perfected by the financing statement and which becomes perfected under the law of the other jurisdiction before the earlier of the expiration of the four-month period or the time the financing statement would have become ineffective under the law of the jurisdiction designated in § 8.9A-301 (1) or 8.9A-305 (c) remains perfected thereafter. A security interest that is perfected by the financing statement but which does not become perfected under the law of the other jurisdiction before the earlier time or event becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral for value.","type":"section","prefixes":["i","2"],"prefix":"2","entire_prefix":"i2","prefix_anchor":"i2","level":2,"prior_prefix":"i1"}},"ancestry":[{"id":15119,"edition_id":1,"name":"Perfection","identifier":"2","label":"subpart","depth":3,"order_by":1,"parent_id":13858,"metadata":{},"date_created":"2026-06-26 03:52:16","date_modified":"2026-06-26 03:52:16","permalink":{"id":283983,"object_type":"structure","relational_id":15119,"identifier":"2","token":"8.9A\/3\/2","url":"\/8.9A\/3\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13858,"edition_id":1,"name":"Perfection and Priority","identifier":"3","label":"part","depth":2,"order_by":1,"parent_id":13277,"metadata":{},"date_created":"2026-06-26 03:46:06","date_modified":"2026-06-26 03:46:06","permalink":{"id":283943,"object_type":"structure","relational_id":13858,"identifier":"3","token":"8.9A\/3","url":"\/8.9A\/3\/","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":84738,"structure_id":15119,"section_number":"8.9A-308","catch_line":"When security interest or agricultural lien is perfected; continuity of perfection","url":"\/8.9A-308\/","token":"8.9A\/3\/2\/8.9A-308","metadata":false},{"id":71502,"structure_id":15119,"section_number":"8.9A-309","catch_line":"Security interest perfected upon attachment","url":"\/8.9A-309\/","token":"8.9A\/3\/2\/8.9A-309","metadata":false},{"id":57600,"structure_id":15119,"section_number":"8.9A-310","catch_line":"When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply","url":"\/8.9A-310\/","token":"8.9A\/3\/2\/8.9A-310","metadata":false},{"id":59215,"structure_id":15119,"section_number":"8.9A-311","catch_line":"Perfection of security interests in property subject to certain statutes, regulations, and treaties","url":"\/8.9A-311\/","token":"8.9A\/3\/2\/8.9A-311","metadata":false},{"id":64453,"structure_id":15119,"section_number":"8.9A-312","catch_line":"Perfection of security interests in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing, temporary perfection without filing or transfer of possession","url":"\/8.9A-312\/","token":"8.9A\/3\/2\/8.9A-312","metadata":false},{"id":59813,"structure_id":15119,"section_number":"8.9A-313","catch_line":"When possession by or delivery to secured party perfects security interest without filing","url":"\/8.9A-313\/","token":"8.9A\/3\/2\/8.9A-313","metadata":false},{"id":85234,"structure_id":15119,"section_number":"8.9A-314","catch_line":"Perfection by control","url":"\/8.9A-314\/","token":"8.9A\/3\/2\/8.9A-314","metadata":false},{"id":74925,"structure_id":15119,"section_number":"8.9A-314.1","catch_line":"Perfection by possession and control of chattel paper","url":"\/8.9A-314.1\/","token":"8.9A\/3\/2\/8.9A-314.1","metadata":false},{"id":76348,"structure_id":15119,"section_number":"8.9A-315","catch_line":"Secured party's rights on disposition of collateral and in proceeds","url":"\/8.9A-315\/","token":"8.9A\/3\/2\/8.9A-315","metadata":false},{"id":82133,"structure_id":15119,"section_number":"8.9A-316","catch_line":"Effect of change in governing law","url":"\/8.9A-316\/","token":"8.9A\/3\/2\/8.9A-316","metadata":false}],"previous_section":{"id":76348,"structure_id":15119,"section_number":"8.9A-315","catch_line":"Secured party's rights on disposition of collateral and in proceeds","url":"\/8.9A-315\/","token":"8.9A\/3\/2\/8.9A-315","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.9A-316\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 8 times. 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. Those modifications are as follows: in 1964, chapter 219; in 1973, chapter 509; in 1984, chapter 613; in 1996, chapter 216<\/a>; in 1997, chapter 343<\/a>; in 2000, chapter 1007<\/a>; in 2012, chapter 155<\/a>; in 2024, chapter 652<\/a>.<\/p>","references":[{"id":72201,"section_number":"29.1-733.15","catch_line":"Perfection of security interest","order_by":null,"url":"\/29.1-733.15\/"},{"id":84738,"section_number":"8.9A-308","catch_line":"When security interest or agricultural lien is perfected; continuity of perfection","order_by":null,"url":"\/8.9A-308\/"},{"id":59215,"section_number":"8.9A-311","catch_line":"Perfection of security interests in property subject to certain statutes, regulations, and treaties","order_by":null,"url":"\/8.9A-311\/"},{"id":59813,"section_number":"8.9A-313","catch_line":"When possession by or delivery to secured party perfects security interest without filing","order_by":null,"url":"\/8.9A-313\/"},{"id":62923,"section_number":"8.9A-326","catch_line":"Priority of security interests created by new debtor","order_by":null,"url":"\/8.9A-326\/"}],"refers_to":[{"id":74128,"section_number":"8.9A-203","catch_line":"Attachment and enforceability of security interest; proceeds, supporting obligations; formal requisites","order_by":null,"url":"\/8.9A-203\/"},{"id":70455,"section_number":"8.9A-301","catch_line":"Law governing perfection and priority of security interests","order_by":null,"url":"\/8.9A-301\/"},{"id":79061,"section_number":"8.9A-305","catch_line":"Law governing perfection and priority of security interests in investment property","order_by":null,"url":"\/8.9A-305\/"},{"id":55662,"section_number":"8.9A-306.1","catch_line":"Law governing perfection and priority of security interests in chattel paper","order_by":null,"url":"\/8.9A-306.1\/"},{"id":54882,"section_number":"8.9A-306.2","catch_line":"Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles","order_by":null,"url":"\/8.9A-306.2\/"},{"id":59215,"section_number":"8.9A-311","catch_line":"Perfection of security interests in property subject to certain statutes, regulations, and treaties","order_by":null,"url":"\/8.9A-311\/"},{"id":59813,"section_number":"8.9A-313","catch_line":"When possession by or delivery to secured party perfects security interest without filing","order_by":null,"url":"\/8.9A-313\/"}],"permalink":{"id":284021,"object_type":"law","relational_id":82133,"identifier":"8.9A-316","token":"8.9A\/3\/2\/8.9A-316","url":"\/8.9A-316\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.9A-316\/","token":"8.9A\/3\/2\/8.9A-316","dublin_core":{"Title":"Effect of change in governing law","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.9A-316","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

a.<\/span> General rule; effect on perfection of change in governing law<\/span>. A security interest perfected pursuant to the law<\/span> of the jurisdiction<\/span> designated in \u00a7 8.9A-301<\/a> (1), 8.9A-305<\/a> (c), 8.9A-306.1<\/a> (d), or 8.9A-306.2<\/a> (b) remains perfected until the earliest of: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> the time perfection would have ceased under the law<\/span> of that jurisdiction<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> the expiration of four months after a change of the debtor’s location to another jurisdiction<\/span>; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> the expiration of one year after a transfer of collateral<\/span> to a person that thereby becomes a debtor and is located in another jurisdiction<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

b.<\/span> Security interest perfected or unperfected under law<\/span> of new jurisdiction<\/span>. If a security interest described in subsection (a) becomes perfected under the law<\/span> of the other jurisdiction<\/span> before the earliest time or event described in that subsection, it remains perfected thereafter. If the security interest does not become perfected under the law<\/span> of the other jurisdiction<\/span> before the earliest time or event, it becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral<\/span> for value. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

c.<\/span> Possessory security interest in collateral<\/span> moved to new jurisdiction<\/span>. A possessory security interest in collateral<\/span>, other than goods covered by a certificate of title and as-extracted collateral<\/span> consisting of goods, remains continuously perfected if: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> the collateral<\/span> is located in one jurisdiction<\/span> and subject to a security interest perfected under the law<\/span> of that jurisdiction<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> thereafter the collateral<\/span> is brought into another jurisdiction<\/span>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> upon entry into the other jurisdiction<\/span>, the security interest is perfected under the law<\/span> of the other jurisdiction<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

d.<\/span> Goods covered by certificate of title from the Commonwealth. Except as otherwise provided in subsection (e), a security interest in goods covered by a certificate of title which is perfected by any method under the law<\/span> of another jurisdiction<\/span> when the goods become covered by a certificate of title from the Commonwealth remains perfected until the security interest would have become unperfected under the law<\/span> of the other jurisdiction<\/span> had the goods not become so covered. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

e.<\/span> When subsection (d) security interest becomes unperfected against purchasers. A security interest described in subsection (d) becomes unperfected as against a purchaser of the goods for value and is deemed never to have been perfected as against a purchaser of the goods for value if the applicable requirements for perfection under \u00a7 8.9A-311<\/a> (b) or 8.9A-313<\/a> are not satisfied before the earlier of: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> the time the security interest would have become unperfected under the law<\/span> of the other jurisdiction<\/span> had the goods not become covered by a certificate of title from the Commonwealth; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> the expiration of four months after the goods had become so covered. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

f.<\/span> Change in jurisdiction<\/span> of chattel paper, controllable electronic record, bank, issuer, nominated person, securities intermediary, or commodity intermediary. A security interest in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, letter-of-credit rights, or investment property which is perfected under the law<\/span> of the chattel paper’s jurisdiction<\/span>, the controllable electronic record’s jurisdiction<\/span>, the bank’s jurisdiction<\/span>, the issuer’s jurisdiction<\/span>, a nominated person’s jurisdiction<\/span>, the securities intermediary’s jurisdiction<\/span>, or the commodity intermediary’s jurisdiction<\/span>, as applicable, remains perfected until the earlier of: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> the time the security interest would have become unperfected under the law<\/span> of that jurisdiction<\/span>; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> the expiration of four months after a change of the applicable jurisdiction<\/span> to another jurisdiction<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

g.<\/span> Subsection (f) security interest perfected or unperfected under law<\/span> of new jurisdiction<\/span>. If a security interest described in subsection (f) becomes perfected under the law<\/span> of the other jurisdiction<\/span> before the earlier of the time or the end of the period described in that subsection, it remains perfected thereafter. If the security interest does not become perfected under the law<\/span> of the other jurisdiction<\/span> before the earlier of that time or the end of that period, it becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral<\/span> for value. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

h.<\/span> Effect on filed financing statement of change in governing law<\/span>. The following rules apply to collateral<\/span> to which a security interest attaches within four months after the debtor changes its location to another jurisdiction<\/span>: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> A financing statement filed before the change pursuant to the law<\/span> of the jurisdiction<\/span> designated in § 8.9A-301<\/a> (1) or 8.9A-305<\/a> (c) is effective to perfect a security interest in the collateral<\/span> if the financing statement would have been effective to perfect a security interest in the collateral<\/span> if the debtor had not changed its location. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> If a security interest perfected by a financing statement that is effective under paragraph (1) becomes perfected under the law<\/span> of the other jurisdiction<\/span> before the earlier of the time the financing statement would have become ineffective under the law<\/span> of the jurisdiction<\/span> designated in § 8.9A-301<\/a> (1) or 8.9A-305<\/a> (c) or the expiration of the four-month period, it remains perfected thereafter. If the security interest does not become perfected under the law<\/span> of the other jurisdiction<\/span> before the earlier time or event, it becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral<\/span> for value. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

i.<\/span> Effect of change in governing law<\/span> on financing statement filed against original debtor. If a financing statement naming an original debtor is filed pursuant to the law<\/span> of the jurisdiction<\/span> designated in \u00a7 8.9A-301<\/a> (1) or 8.9A-305<\/a> (c) and the new debtor is located in another jurisdiction<\/span>, the following rules apply: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The financing statement is effective to perfect a security interest in collateral<\/span> in which the new debtor has or acquires rights before or within four months after the new debtor becomes bound under § 8.9A-203<\/a>(d), if the financing statement would have been effective to perfect a security interest in the collateral<\/span> if the collateral<\/span> had been acquired by the original debtor. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> A security interest that is perfected by the financing statement and which becomes perfected under the law<\/span> of the other jurisdiction<\/span> before the earlier of the expiration of the four-month period or the time the financing statement would have become ineffective under the law<\/span> of the jurisdiction<\/span> designated in § 8.9A-301<\/a> (1) or 8.9A-305<\/a> (c) remains perfected thereafter. A security interest that is perfected by the financing statement but which does not become perfected under the law<\/span> of the other jurisdiction<\/span> before the earlier time or event becomes unperfected and is deemed never to have been perfected as against a purchaser of the collateral<\/span> for value. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEFFECT OF CHANGE IN GOVERNING LAW (\u00a7 8.9A-316)\n\na. General rule; effect on perfection of change in governing law. A security\ninterest perfected pursuant to the law of the jurisdiction designated in \u00a7\n8.9A-301 (1), 8.9A-305 (c), 8.9A-306.1 (d), or 8.9A-306.2 (b) remains perfected\nuntil the earliest of:\n\n 1. the time perfection would have ceased under the law of that jurisdiction;\n\n 2. the expiration of four months after a change of the debtor’s location\n to another jurisdiction; or\n\n 3. the expiration of one year after a transfer of collateral to a person that\n thereby becomes a debtor and is located in another jurisdiction.\n\nb. Security interest perfected or unperfected under law of new jurisdiction. If\na security interest described in subsection (a) becomes perfected under the law\nof the other jurisdiction before the earliest time or event described in that\nsubsection, it remains perfected thereafter. If the security interest does not\nbecome perfected under the law of the other jurisdiction before the earliest\ntime or event, it becomes unperfected and is deemed never to have been perfected\nas against a purchaser of the collateral for value.\n\nc. Possessory security interest in collateral moved to new jurisdiction. A\npossessory security interest in collateral, other than goods covered by a\ncertificate of title and as-extracted collateral consisting of goods, remains\ncontinuously perfected if:\n\n 1. the collateral is located in one jurisdiction and subject to a security\n interest perfected under the law of that jurisdiction;\n\n 2. thereafter the collateral is brought into another jurisdiction; and\n\n 3. upon entry into the other jurisdiction, the security interest is perfected\n under the law of the other jurisdiction.\n\nd. Goods covered by certificate of title from the Commonwealth. Except as\notherwise provided in subsection (e), a security interest in goods covered by a\ncertificate of title which is perfected by any method under the law of another\njurisdiction when the goods become covered by a certificate of title from the\nCommonwealth remains perfected until the security interest would have become\nunperfected under the law of the other jurisdiction had the goods not become so\ncovered.\n\ne. When subsection (d) security interest becomes unperfected against purchasers.\nA security interest described in subsection (d) becomes unperfected as against a\npurchaser of the goods for value and is deemed never to have been perfected as\nagainst a purchaser of the goods for value if the applicable requirements for\nperfection under \u00a7 8.9A-311 (b) or 8.9A-313 are not satisfied before the\nearlier of:\n\n 1. the time the security interest would have become unperfected under the law\n of the other jurisdiction had the goods not become covered by a certificate of\n title from the Commonwealth; or\n\n 2. the expiration of four months after the goods had become so covered.\n\nf. Change in jurisdiction of chattel paper, controllable electronic record,\nbank, issuer, nominated person, securities intermediary, or commodity\nintermediary. A security interest in chattel paper, controllable accounts,\ncontrollable electronic records, controllable payment intangibles, deposit\naccounts, letter-of-credit rights, or investment property which is perfected\nunder the law of the chattel paper’s jurisdiction, the controllable\nelectronic record’s jurisdiction, the bank’s jurisdiction, the\nissuer’s jurisdiction, a nominated person’s jurisdiction, the\nsecurities intermediary’s jurisdiction, or the commodity\nintermediary’s jurisdiction, as applicable, remains perfected until the\nearlier of:\n\n 1. the time the security interest would have become unperfected under the law\n of that jurisdiction; or\n\n 2. the expiration of four months after a change of the applicable jurisdiction\n to another jurisdiction.\n\ng. Subsection (f) security interest perfected or unperfected under law of new\njurisdiction. If a security interest described in subsection (f) becomes\nperfected under the law of the other jurisdiction before the earlier of the time\nor the end of the period described in that subsection, it remains perfected\nthereafter. If the security interest does not become perfected under the law of\nthe other jurisdiction before the earlier of that time or the end of that\nperiod, it becomes unperfected and is deemed never to have been perfected as\nagainst a purchaser of the collateral for value.\n\nh. Effect on filed financing statement of change in governing law. The following\nrules apply to collateral to which a security interest attaches within four\nmonths after the debtor changes its location to another jurisdiction:\n\n 1. A financing statement filed before the change pursuant to the law of the\n jurisdiction designated in § 8.9A-301 (1) or 8.9A-305 (c) is effective to\n perfect a security interest in the collateral if the financing statement would\n have been effective to perfect a security interest in the collateral if the\n debtor had not changed its location.\n\n 2. If a security interest perfected by a financing statement that is effective\n under paragraph (1) becomes perfected under the law of the other jurisdiction\n before the earlier of the time the financing statement would have become\n ineffective under the law of the jurisdiction designated in § 8.9A-301\n (1) or 8.9A-305 (c) or the expiration of the four-month period, it remains\n perfected thereafter. If the security interest does not become perfected under\n the law of the other jurisdiction before the earlier time or event, it becomes\n unperfected and is deemed never to have been perfected as against a purchaser\n of the collateral for value.\n\ni. Effect of change in governing law on financing statement filed against\noriginal debtor. If a financing statement naming an original debtor is filed\npursuant to the law of the jurisdiction designated in \u00a7 8.9A-301 (1) or\n8.9A-305 (c) and the new debtor is located in another jurisdiction, the\nfollowing rules apply:\n\n 1. The financing statement is effective to perfect a security interest in\n collateral in which the new debtor has or acquires rights before or within\n four months after the new debtor becomes bound under § 8.9A-203(d), if\n the financing statement would have been effective to perfect a security\n interest in the collateral if the collateral had been acquired by the original\n debtor.\n\n 2. A security interest that is perfected by the financing statement and which\n becomes perfected under the law of the other jurisdiction before the earlier\n of the expiration of the four-month period or the time the financing statement\n would have become ineffective under the law of the jurisdiction designated in\n § 8.9A-301 (1) or 8.9A-305 (c) remains perfected thereafter. A security\n interest that is perfected by the financing statement but which does not\n become perfected under the law of the other jurisdiction before the earlier\n time or event becomes unperfected and is deemed never to have been perfected\n as against a purchaser of the collateral for value.\n\nHISTORY: Code 1950, \u00a7 55-9; 1964, c. 219, \u00a7 8.9-103; 1973, c. 509; 1984, c.\n613; 1996, c. 216; 1997, c. 343; 2000, c. 1007; 2012, c. 155; 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}}