{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.9A-502.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.9A-502.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.9A-502.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.9A-502.html"}],"law_id":70542,"edition_id":1,"section_id":70542,"structure_id":13861,"section_number":"8.9A-502","catch_line":"Contents of financing statement; record of mortgage as financing statement; time of filing financing statement","history":"1964, c. 219, \u00a7 8.9-402; 1966, c. 649; 1973, c. 509; 1976, c. 536; 1977, c. 539; 1978, cc. 284, 285; 1982, c. 652; 1999, c. 96; 2000, c. 1007; 2012, c. 155.","full_text":"a\n\nSufficiency of financing statement. Subject to subsection (b), a financing statement is sufficient only if it:1\n\nprovides the name of the debtor;2\n\nprovides the name of the secured party or a representative of the secured party; and3\n\nindicates the collateral covered by the financing statement.b\n\nReal-property-related financing statements. Except as otherwise provided in \u00a7 8.9A-501 (b), to be sufficient, a financing statement that covers as-extracted collateral or timber to be cut, or which is filed as a fixture filing and covers goods that are or are to become fixtures, must satisfy subsection (a) and also:1\n\nindicate that it covers this type of collateral;2\n\nindicate that it is to be filed for record in the real property records;3\n\nprovide a description of the real property to which the collateral is related sufficient to give constructive notice of a mortgage under the law of this state if the description were contained in a record of the mortgage of the real property; and4\n\nif the debtor does not have an interest of record in the real property, provide the name of a record owner.c\n\nRecord of mortgage as financing statement. A record of a mortgage is effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if:1\n\nthe record indicates the goods or accounts that it covers;2\n\nthe goods are or are to become fixtures related to the real property described in the record or the collateral is related to the real property described in the record and is as-extracted collateral or timber to be cut;3\n\nthe record satisfies the requirements for a financing statement in this section, but:A\n\nthe record need not indicate that it is to be filed in the real property records; andB\n\nthe record sufficiently provides the name of a debtor who is an individual if it provides the individual name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom \u00a7 8.9A-503(a)(4) applies; and4\n\nthe record is duly recorded.d\n\nFiling before security agreement or attachment. A financing statement may be filed before a security agreement is made or a security interest otherwise attaches.","order_by":null,"text":{"0":{"id":254536,"text":"Sufficiency of financing statement. Subject to subsection (b), a financing statement is sufficient only if it:","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"next_prefix":"a1"},"1":{"id":254537,"text":"provides the name of the debtor;","type":"section","prefixes":["a","1"],"prefix":"1","entire_prefix":"a1","prefix_anchor":"a1","level":2,"prior_prefix":"a","next_prefix":"a2"},"2":{"id":254538,"text":"provides the name of the secured party or a representative of the secured party; and","type":"section","prefixes":["a","2"],"prefix":"2","entire_prefix":"a2","prefix_anchor":"a2","level":2,"prior_prefix":"a1","next_prefix":"a3"},"3":{"id":254539,"text":"indicates the collateral covered by the financing statement.","type":"section","prefixes":["a","3"],"prefix":"3","entire_prefix":"a3","prefix_anchor":"a3","level":2,"prior_prefix":"a2","next_prefix":"b"},"4":{"id":254540,"text":"Real-property-related financing statements. Except as otherwise provided in \u00a7 8.9A-501 (b), to be sufficient, a financing statement that covers as-extracted collateral or timber to be cut, or which is filed as a fixture filing and covers goods that are or are to become fixtures, must satisfy subsection (a) and also:","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a3","next_prefix":"b1"},"5":{"id":254541,"text":"indicate that it covers this type of collateral;","type":"section","prefixes":["b","1"],"prefix":"1","entire_prefix":"b1","prefix_anchor":"b1","level":2,"prior_prefix":"b","next_prefix":"b2"},"6":{"id":254542,"text":"indicate that it is to be filed for record in the real property records;","type":"section","prefixes":["b","2"],"prefix":"2","entire_prefix":"b2","prefix_anchor":"b2","level":2,"prior_prefix":"b1","next_prefix":"b3"},"7":{"id":254543,"text":"provide a description of the real property to which the collateral is related sufficient to give constructive notice of a mortgage under the law of this state if the description were contained in a record of the mortgage of the real property; and","type":"section","prefixes":["b","3"],"prefix":"3","entire_prefix":"b3","prefix_anchor":"b3","level":2,"prior_prefix":"b2","next_prefix":"b4"},"8":{"id":254544,"text":"if the debtor does not have an interest of record in the real property, provide the name of a record owner.","type":"section","prefixes":["b","4"],"prefix":"4","entire_prefix":"b4","prefix_anchor":"b4","level":2,"prior_prefix":"b3","next_prefix":"c"},"9":{"id":254545,"text":"Record of mortgage as financing statement. A record of a mortgage is effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if:","type":"section","prefixes":["c"],"prefix":"c","entire_prefix":"c","prefix_anchor":"c","level":1,"prior_prefix":"b4","next_prefix":"c1"},"10":{"id":254546,"text":"the record indicates the goods or accounts that it covers;","type":"section","prefixes":["c","1"],"prefix":"1","entire_prefix":"c1","prefix_anchor":"c1","level":2,"prior_prefix":"c","next_prefix":"c2"},"11":{"id":254547,"text":"the goods are or are to become fixtures related to the real property described in the record or the collateral is related to the real property described in the record and is as-extracted collateral or timber to be cut;","type":"section","prefixes":["c","2"],"prefix":"2","entire_prefix":"c2","prefix_anchor":"c2","level":2,"prior_prefix":"c1","next_prefix":"c3"},"12":{"id":254548,"text":"the record satisfies the requirements for a financing statement in this section, but:","type":"section","prefixes":["c","3"],"prefix":"3","entire_prefix":"c3","prefix_anchor":"c3","level":2,"prior_prefix":"c2","next_prefix":"A"},"13":{"id":254549,"text":"the record need not indicate that it is to be filed in the real property records; and","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"prior_prefix":"c3","next_prefix":"B"},"14":{"id":254550,"text":"the record sufficiently provides the name of a debtor who is an individual if it provides the individual name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom \u00a7 8.9A-503(a)(4) applies; and","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B4"},"15":{"id":254551,"text":"the record is duly recorded.","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B","next_prefix":"d"},"16":{"id":254552,"text":"Filing before security agreement or attachment. A financing statement may be filed before a security agreement is made or a security interest otherwise attaches.","type":"section","prefixes":["d"],"prefix":"d","entire_prefix":"d","prefix_anchor":"d","level":1,"prior_prefix":"B4"}},"ancestry":[{"id":13861,"edition_id":1,"name":"Filing Office, Contents and Effectiveness of Financing Statement","identifier":"1","label":"subpart","depth":3,"order_by":1,"parent_id":13860,"metadata":{},"date_created":"2026-06-26 03:46:06","date_modified":"2026-06-26 03:46:06","permalink":{"id":284177,"object_type":"structure","relational_id":13861,"identifier":"1","token":"8.9A\/5\/1","url":"\/8.9A\/5\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13860,"edition_id":1,"name":"Filing","identifier":"5","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":284175,"object_type":"structure","relational_id":13860,"identifier":"5","token":"8.9A\/5","url":"\/8.9A\/5\/","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":72400,"structure_id":13861,"section_number":"8.9A-501","catch_line":"Filing office","url":"\/8.9A-501\/","token":"8.9A\/5\/1\/8.9A-501","metadata":false},{"id":70542,"structure_id":13861,"section_number":"8.9A-502","catch_line":"Contents of financing statement; record of mortgage as financing statement; time of filing financing statement","url":"\/8.9A-502\/","token":"8.9A\/5\/1\/8.9A-502","metadata":false},{"id":81477,"structure_id":13861,"section_number":"8.9A-503","catch_line":"Name of debtor and secured party","url":"\/8.9A-503\/","token":"8.9A\/5\/1\/8.9A-503","metadata":false},{"id":54883,"structure_id":13861,"section_number":"8.9A-504","catch_line":"Indication of collateral","url":"\/8.9A-504\/","token":"8.9A\/5\/1\/8.9A-504","metadata":false},{"id":56694,"structure_id":13861,"section_number":"8.9A-505","catch_line":"Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions","url":"\/8.9A-505\/","token":"8.9A\/5\/1\/8.9A-505","metadata":false},{"id":61527,"structure_id":13861,"section_number":"8.9A-506","catch_line":"Effect of errors or omissions","url":"\/8.9A-506\/","token":"8.9A\/5\/1\/8.9A-506","metadata":false},{"id":65503,"structure_id":13861,"section_number":"8.9A-507","catch_line":"Effect of certain events on effectiveness of financing statement","url":"\/8.9A-507\/","token":"8.9A\/5\/1\/8.9A-507","metadata":false},{"id":83849,"structure_id":13861,"section_number":"8.9A-508","catch_line":"Effectiveness of financing statement if new debtor becomes bound by security agreement","url":"\/8.9A-508\/","token":"8.9A\/5\/1\/8.9A-508","metadata":false},{"id":86245,"structure_id":13861,"section_number":"8.9A-509","catch_line":"Persons entitled to file a record","url":"\/8.9A-509\/","token":"8.9A\/5\/1\/8.9A-509","metadata":false},{"id":84909,"structure_id":13861,"section_number":"8.9A-510","catch_line":"Effectiveness of filed record","url":"\/8.9A-510\/","token":"8.9A\/5\/1\/8.9A-510","metadata":false},{"id":77842,"structure_id":13861,"section_number":"8.9A-511","catch_line":"Secured party of record","url":"\/8.9A-511\/","token":"8.9A\/5\/1\/8.9A-511","metadata":false},{"id":87008,"structure_id":13861,"section_number":"8.9A-512","catch_line":"Amendment of financing statement","url":"\/8.9A-512\/","token":"8.9A\/5\/1\/8.9A-512","metadata":false},{"id":65185,"structure_id":13861,"section_number":"8.9A-513","catch_line":"Termination statement","url":"\/8.9A-513\/","token":"8.9A\/5\/1\/8.9A-513","metadata":false},{"id":59675,"structure_id":13861,"section_number":"8.9A-514","catch_line":"Assignment of powers of secured party of record","url":"\/8.9A-514\/","token":"8.9A\/5\/1\/8.9A-514","metadata":false},{"id":70878,"structure_id":13861,"section_number":"8.9A-515","catch_line":"Duration and effectiveness of financing statement; effect of lapsed financing statement","url":"\/8.9A-515\/","token":"8.9A\/5\/1\/8.9A-515","metadata":false},{"id":85389,"structure_id":13861,"section_number":"8.9A-516","catch_line":"What constitutes filing; effectiveness of filing","url":"\/8.9A-516\/","token":"8.9A\/5\/1\/8.9A-516","metadata":false},{"id":61963,"structure_id":13861,"section_number":"8.9A-517","catch_line":"Effect of indexing errors","url":"\/8.9A-517\/","token":"8.9A\/5\/1\/8.9A-517","metadata":false},{"id":64795,"structure_id":13861,"section_number":"8.9A-518","catch_line":"Claim concerning inaccurate or wrongfully filed record","url":"\/8.9A-518\/","token":"8.9A\/5\/1\/8.9A-518","metadata":false}],"previous_section":{"id":72400,"structure_id":13861,"section_number":"8.9A-501","catch_line":"Filing office","url":"\/8.9A-501\/","token":"8.9A\/5\/1\/8.9A-501","metadata":false},"next_section":{"id":81477,"structure_id":13861,"section_number":"8.9A-503","catch_line":"Name of debtor and secured party","url":"\/8.9A-503\/","token":"8.9A\/5\/1\/8.9A-503","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.9A-502\/","history_text":"

This law was first created in 1964. The record of its establishment is cataloged in chapter 219 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. Unfortunately, the 1964 \u201cActs\u201d aren\u2019t available online. It has been modified 9 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 1966, chapter 649; in 1973, chapter 509; in 1976, chapter 536; in 1977, chapter 539; in 1978, chapters 284 and 285; in 1982, chapter 652; in 1999, chapter 96<\/a>; in 2000, chapter 1007<\/a>; in 2012, chapter 155<\/a>.<\/p>","references":[{"id":76447,"section_number":"8.2A-309","catch_line":"Lessor's and lessee's rights when goods become fixtures","order_by":null,"url":"\/8.2A-309\/"},{"id":58431,"section_number":"8.9A-102","catch_line":"Definitions and index of definitions","order_by":null,"url":"\/8.9A-102\/"},{"id":59732,"section_number":"8.9A-109","catch_line":"Scope","order_by":null,"url":"\/8.9A-109\/"},{"id":87008,"section_number":"8.9A-512","catch_line":"Amendment of financing statement","order_by":null,"url":"\/8.9A-512\/"},{"id":59675,"section_number":"8.9A-514","catch_line":"Assignment of powers of secured party of record","order_by":null,"url":"\/8.9A-514\/"},{"id":70878,"section_number":"8.9A-515","catch_line":"Duration and effectiveness of financing statement; effect of lapsed financing statement","order_by":null,"url":"\/8.9A-515\/"},{"id":84214,"section_number":"8.9A-520","catch_line":"Acceptance and refusal to accept record","order_by":null,"url":"\/8.9A-520\/"},{"id":56551,"section_number":"8.9A-525","catch_line":"Fees","order_by":null,"url":"\/8.9A-525\/"}],"refers_to":[{"id":72400,"section_number":"8.9A-501","catch_line":"Filing office","order_by":null,"url":"\/8.9A-501\/"},{"id":81477,"section_number":"8.9A-503","catch_line":"Name of debtor and secured party","order_by":null,"url":"\/8.9A-503\/"}],"permalink":{"id":284183,"object_type":"law","relational_id":70542,"identifier":"8.9A-502","token":"8.9A\/5\/1\/8.9A-502","url":"\/8.9A-502\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.9A-502\/","token":"8.9A\/5\/1\/8.9A-502","dublin_core":{"Title":"Contents of financing statement; record of mortgage as financing statement; time of filing financing statement","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.9A-502","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

a.<\/span> Sufficiency of financing statement. Subject to subsection (b), a financing statement is sufficient only if it: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> provides the name of the debtor; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> provides the name of the secured party<\/span> or a representative of the secured party<\/span>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> indicates the collateral<\/span> covered by the financing statement. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

b.<\/span> Real-property-related financing statements. Except as otherwise provided in \u00a7 8.9A-501<\/a> (b), to be sufficient, a financing statement that covers as-extracted collateral<\/span> or timber to be cut, or which is filed as a fixture filing and covers goods that are or are to become fixtures, must satisfy subsection (a) and also: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> indicate that it covers this type of collateral<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> indicate that it is to be filed for record in the real property records; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> provide a description of the real property to which the collateral<\/span> is related sufficient to give constructive notice of a mortgage under the law<\/span> of this state if the description were contained in a record of the mortgage of the real property; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> if the debtor does not have an interest of record in the real property, provide the name of a record owner. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

c.<\/span> Record of mortgage as financing statement. A record of a mortgage is effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral<\/span> or timber to be cut only if: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> the record indicates the goods or accounts that it covers; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> the goods are or are to become fixtures related to the real property described in the record or the collateral<\/span> is related to the real property described in the record and is as-extracted collateral<\/span> or timber to be cut; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> the record satisfies the requirements for a financing statement in this section, but: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

A.<\/span> the record need not indicate that it is to be filed in the real property records; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> the record sufficiently provides the name of a debtor who is an individual if it provides the individual name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom \u00a7 8.9A-503<\/a>(a)(4) applies; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> the record is duly recorded. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

d.<\/span> Filing before security agreement or attachment<\/span>. A financing statement may be filed before a security agreement is made or a security interest otherwise attaches. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCONTENTS OF FINANCING STATEMENT; RECORD OF MORTGAGE AS FINANCING STATEMENT; TIME\nOF FILING FINANCING STATEMENT (\u00a7 8.9A-502)\n\na. Sufficiency of financing statement. Subject to subsection (b), a financing\nstatement is sufficient only if it:\n\n 1. provides the name of the debtor;\n\n 2. provides the name of the secured party or a representative of the secured\n party; and\n\n 3. indicates the collateral covered by the financing statement.\n\nb. Real-property-related financing statements. Except as otherwise provided in\n\u00a7 8.9A-501 (b), to be sufficient, a financing statement that covers\nas-extracted collateral or timber to be cut, or which is filed as a fixture\nfiling and covers goods that are or are to become fixtures, must satisfy\nsubsection (a) and also:\n\n 1. indicate that it covers this type of collateral;\n\n 2. indicate that it is to be filed for record in the real property records;\n\n 3. provide a description of the real property to which the collateral is\n related sufficient to give constructive notice of a mortgage under the law of\n this state if the description were contained in a record of the mortgage of\n the real property; and\n\n 4. if the debtor does not have an interest of record in the real property,\n provide the name of a record owner.\n\nc. Record of mortgage as financing statement. A record of a mortgage is\neffective, from the date of recording, as a financing statement filed as a\nfixture filing or as a financing statement covering as-extracted collateral or\ntimber to be cut only if:\n\n 1. the record indicates the goods or accounts that it covers;\n\n 2. the goods are or are to become fixtures related to the real property\n described in the record or the collateral is related to the real property\n described in the record and is as-extracted collateral or timber to be cut;\n\n 3. the record satisfies the requirements for a financing statement in this\n section, but:\n\nA. the record need not indicate that it is to be filed in the real property\nrecords; and\n\nB. the record sufficiently provides the name of a debtor who is an individual if\nit provides the individual name of the debtor or the surname and first personal\nname of the debtor, even if the debtor is an individual to whom \u00a7\n8.9A-503(a)(4) applies; and\n\n 4. the record is duly recorded.\n\nd. Filing before security agreement or attachment. A financing statement may be\nfiled before a security agreement is made or a security interest otherwise\nattaches.\n\nHISTORY: 1964, c. 219, \u00a7 8.9-402; 1966, c. 649; 1973, c. 509; 1976, c. 536;\n1977, c. 539; 1978, cc. 284, 285; 1982, c. 652; 1999, c. 96; 2000, c. 1007;\n2012, c. 155.","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}}