{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.9A-619.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.9A-619.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.9A-619.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.9A-619.html"}],"law_id":82499,"edition_id":1,"section_id":82499,"structure_id":15263,"section_number":"8.9A-619","catch_line":"Transfer of record or legal title","history":"2000, c. 1007; 2024, c. 652.","full_text":"a\n\n“Transfer statement.” In this section, “transfer statement” means a record signed by a secured party stating:1\n\nthat the debtor has defaulted in connection with an obligation secured by specified collateral;2\n\nthat the secured party has exercised its postdefault remedies with respect to the collateral;3\n\nthat, by reason of the exercise, a transferee has acquired the rights of the debtor in the collateral; and4\n\nthe name and mailing address of the secured party, debtor, and transferee.b\n\nEffect of transfer statement. A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing, recording, registration, or certificate-of-title system covering the collateral. If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the official or office shall:1\n\naccept the transfer statement;2\n\npromptly amend its records to reflect the transfer; and3\n\nif applicable, issue a new appropriate certificate of title in the name of the transferee.c\n\nTransfer not a disposition; no relief of secured party’s duties. A transfer of the record or legal title to collateral to a secured party under subsection (b) or otherwise is not of itself a disposition of collateral under this title and does not of itself relieve the secured party of its duties under this title.","order_by":null,"text":{"0":{"id":295566,"text":"“Transfer statement.” In this section, “transfer statement” means a record signed by a secured party stating:","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"next_prefix":"a1"},"1":{"id":295567,"text":"that the debtor has defaulted in connection with an obligation secured by specified collateral;","type":"section","prefixes":["a","1"],"prefix":"1","entire_prefix":"a1","prefix_anchor":"a1","level":2,"prior_prefix":"a","next_prefix":"a2"},"2":{"id":295568,"text":"that the secured party has exercised its postdefault remedies with respect to the collateral;","type":"section","prefixes":["a","2"],"prefix":"2","entire_prefix":"a2","prefix_anchor":"a2","level":2,"prior_prefix":"a1","next_prefix":"a3"},"3":{"id":295569,"text":"that, by reason of the exercise, a transferee has acquired the rights of the debtor in the collateral; and","type":"section","prefixes":["a","3"],"prefix":"3","entire_prefix":"a3","prefix_anchor":"a3","level":2,"prior_prefix":"a2","next_prefix":"a4"},"4":{"id":295570,"text":"the name and mailing address of the secured party, debtor, and transferee.","type":"section","prefixes":["a","4"],"prefix":"4","entire_prefix":"a4","prefix_anchor":"a4","level":2,"prior_prefix":"a3","next_prefix":"b"},"5":{"id":295571,"text":"Effect of transfer statement. A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing, recording, registration, or certificate-of-title system covering the collateral. If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the official or office shall:","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a4","next_prefix":"b1"},"6":{"id":295572,"text":"accept the transfer statement;","type":"section","prefixes":["b","1"],"prefix":"1","entire_prefix":"b1","prefix_anchor":"b1","level":2,"prior_prefix":"b","next_prefix":"b2"},"7":{"id":295573,"text":"promptly amend its records to reflect the transfer; and","type":"section","prefixes":["b","2"],"prefix":"2","entire_prefix":"b2","prefix_anchor":"b2","level":2,"prior_prefix":"b1","next_prefix":"b3"},"8":{"id":295574,"text":"if applicable, issue a new appropriate certificate of title in the name of the transferee.","type":"section","prefixes":["b","3"],"prefix":"3","entire_prefix":"b3","prefix_anchor":"b3","level":2,"prior_prefix":"b2","next_prefix":"c"},"9":{"id":295575,"text":"Transfer not a disposition; no relief of secured party’s duties. A transfer of the record or legal title to collateral to a secured party under subsection (b) or otherwise is not of itself a disposition of collateral under this title and does not of itself relieve the secured party of its duties under this title.","type":"section","prefixes":["c"],"prefix":"c","entire_prefix":"c","prefix_anchor":"c","level":1,"prior_prefix":"b3"}},"ancestry":[{"id":15263,"edition_id":1,"name":"Default and Enforcement of Security Interest","identifier":"1","label":"subpart","depth":3,"order_by":1,"parent_id":15262,"metadata":{},"date_created":"2026-06-26 03:53:25","date_modified":"2026-06-26 03:53:25","permalink":{"id":284295,"object_type":"structure","relational_id":15263,"identifier":"1","token":"8.9A\/6\/1","url":"\/8.9A\/6\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":15262,"edition_id":1,"name":"Default","identifier":"6","label":"part","depth":2,"order_by":1,"parent_id":13277,"metadata":{},"date_created":"2026-06-26 03:53:25","date_modified":"2026-06-26 03:53:25","permalink":{"id":284293,"object_type":"structure","relational_id":15262,"identifier":"6","token":"8.9A\/6","url":"\/8.9A\/6\/","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":87391,"structure_id":15263,"section_number":"8.9A-601","catch_line":"Rights after default; judicial enforcement, consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes","url":"\/8.9A-601\/","token":"8.9A\/6\/1\/8.9A-601","metadata":false},{"id":74406,"structure_id":15263,"section_number":"8.9A-602","catch_line":"Waiver and variance of rights and duties","url":"\/8.9A-602\/","token":"8.9A\/6\/1\/8.9A-602","metadata":false},{"id":69348,"structure_id":15263,"section_number":"8.9A-603","catch_line":"Agreement on standards concerning rights and duties","url":"\/8.9A-603\/","token":"8.9A\/6\/1\/8.9A-603","metadata":false},{"id":61411,"structure_id":15263,"section_number":"8.9A-604","catch_line":"Procedure if security agreement covers real property or fixtures","url":"\/8.9A-604\/","token":"8.9A\/6\/1\/8.9A-604","metadata":false},{"id":69925,"structure_id":15263,"section_number":"8.9A-605","catch_line":"Unknown debtor or secondary obligor","url":"\/8.9A-605\/","token":"8.9A\/6\/1\/8.9A-605","metadata":false},{"id":82913,"structure_id":15263,"section_number":"8.9A-606","catch_line":"Time of default for agricultural lien","url":"\/8.9A-606\/","token":"8.9A\/6\/1\/8.9A-606","metadata":false},{"id":78656,"structure_id":15263,"section_number":"8.9A-607","catch_line":"Collection and enforcement by secured party","url":"\/8.9A-607\/","token":"8.9A\/6\/1\/8.9A-607","metadata":false},{"id":58414,"structure_id":15263,"section_number":"8.9A-608","catch_line":"Application of proceeds of collection or enforcement; liability for deficiency and right to surplus","url":"\/8.9A-608\/","token":"8.9A\/6\/1\/8.9A-608","metadata":false},{"id":76317,"structure_id":15263,"section_number":"8.9A-609","catch_line":"Secured party's right to take possession after default","url":"\/8.9A-609\/","token":"8.9A\/6\/1\/8.9A-609","metadata":false},{"id":83035,"structure_id":15263,"section_number":"8.9A-610","catch_line":"Disposition of collateral after default","url":"\/8.9A-610\/","token":"8.9A\/6\/1\/8.9A-610","metadata":false},{"id":69700,"structure_id":15263,"section_number":"8.9A-611","catch_line":"Notification before disposition of collateral","url":"\/8.9A-611\/","token":"8.9A\/6\/1\/8.9A-611","metadata":false},{"id":60808,"structure_id":15263,"section_number":"8.9A-612","catch_line":"Timeliness of notification before disposition of collateral","url":"\/8.9A-612\/","token":"8.9A\/6\/1\/8.9A-612","metadata":false},{"id":72203,"structure_id":15263,"section_number":"8.9A-613","catch_line":"Contents and form of notification before disposition of collateral; general","url":"\/8.9A-613\/","token":"8.9A\/6\/1\/8.9A-613","metadata":false},{"id":83544,"structure_id":15263,"section_number":"8.9A-614","catch_line":"Contents and form of notification before disposition of collateral; consumer-goods transaction","url":"\/8.9A-614\/","token":"8.9A\/6\/1\/8.9A-614","metadata":false},{"id":63326,"structure_id":15263,"section_number":"8.9A-615","catch_line":"Application of proceeds of disposition; liability for deficiency and right to surplus","url":"\/8.9A-615\/","token":"8.9A\/6\/1\/8.9A-615","metadata":false},{"id":58094,"structure_id":15263,"section_number":"8.9A-616","catch_line":"Explanation of calculation of surplus or deficiency","url":"\/8.9A-616\/","token":"8.9A\/6\/1\/8.9A-616","metadata":false},{"id":70895,"structure_id":15263,"section_number":"8.9A-617","catch_line":"Rights of transferee of collateral","url":"\/8.9A-617\/","token":"8.9A\/6\/1\/8.9A-617","metadata":false},{"id":74054,"structure_id":15263,"section_number":"8.9A-618","catch_line":"Rights and duties of certain secondary obligors","url":"\/8.9A-618\/","token":"8.9A\/6\/1\/8.9A-618","metadata":false},{"id":82499,"structure_id":15263,"section_number":"8.9A-619","catch_line":"Transfer of record or legal title","url":"\/8.9A-619\/","token":"8.9A\/6\/1\/8.9A-619","metadata":false},{"id":83620,"structure_id":15263,"section_number":"8.9A-620","catch_line":"Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral","url":"\/8.9A-620\/","token":"8.9A\/6\/1\/8.9A-620","metadata":false},{"id":69990,"structure_id":15263,"section_number":"8.9A-621","catch_line":"Notification of proposal to accept collateral","url":"\/8.9A-621\/","token":"8.9A\/6\/1\/8.9A-621","metadata":false},{"id":87445,"structure_id":15263,"section_number":"8.9A-622","catch_line":"Effect of acceptance of collateral","url":"\/8.9A-622\/","token":"8.9A\/6\/1\/8.9A-622","metadata":false},{"id":76014,"structure_id":15263,"section_number":"8.9A-623","catch_line":"Right to redeem collateral","url":"\/8.9A-623\/","token":"8.9A\/6\/1\/8.9A-623","metadata":false},{"id":86883,"structure_id":15263,"section_number":"8.9A-624","catch_line":"Waiver","url":"\/8.9A-624\/","token":"8.9A\/6\/1\/8.9A-624","metadata":false}],"previous_section":{"id":74054,"structure_id":15263,"section_number":"8.9A-618","catch_line":"Rights and duties of certain secondary obligors","url":"\/8.9A-618\/","token":"8.9A\/6\/1\/8.9A-618","metadata":false},"next_section":{"id":83620,"structure_id":15263,"section_number":"8.9A-620","catch_line":"Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral","url":"\/8.9A-620\/","token":"8.9A\/6\/1\/8.9A-620","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.9A-619\/","history_text":"

This law was first created in 2000. The record of its establishment is cataloged in chapter 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 652<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":284369,"object_type":"law","relational_id":82499,"identifier":"8.9A-619","token":"8.9A\/6\/1\/8.9A-619","url":"\/8.9A-619\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.9A-619\/","token":"8.9A\/6\/1\/8.9A-619","dublin_core":{"Title":"Transfer of record or legal title","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.9A-619","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

a.<\/span> “Transfer statement<\/span>.” In this section, “transfer statement<\/span>” means a record signed by a secured party<\/span> stating: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> that the debtor has defaulted in connection with an obligation secured by specified collateral<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> that the secured party<\/span> has exercised its postdefault remedies with respect to the collateral<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> that, by reason of the exercise, a transferee has acquired the rights of the debtor in the collateral<\/span>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> the name and mailing address of the secured party<\/span>, debtor, and transferee. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

b.<\/span> Effect of transfer statement<\/span>. A transfer statement<\/span> entitles the transferee to the transfer of record of all rights of the debtor in the collateral<\/span> specified in the statement in any official filing, recording, registration, or certificate-of-title system covering the collateral<\/span>. If a transfer statement<\/span> is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the official or office shall: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> accept the transfer statement<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> promptly amend<\/span> its records to reflect the transfer; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> if applicable, issue<\/span> a new appropriate certificate of title in the name of the transferee. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

c.<\/span> Transfer not a disposition<\/span>; no relief of secured party<\/span>’s duties. A transfer of the record or legal title to collateral<\/span> to a secured party<\/span> under subsection (b) or otherwise is not of itself a disposition<\/span> of collateral<\/span> under this title and does not of itself relieve the secured party<\/span> of its duties under this title. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nTRANSFER OF RECORD OR LEGAL TITLE (\u00a7 8.9A-619)\n\na. “Transfer statement.” In this section, “transfer\nstatement” means a record signed by a secured party stating:\n\n 1. that the debtor has defaulted in connection with an obligation secured by\n specified collateral;\n\n 2. that the secured party has exercised its postdefault remedies with respect\n to the collateral;\n\n 3. that, by reason of the exercise, a transferee has acquired the rights of\n the debtor in the collateral; and\n\n 4. the name and mailing address of the secured party, debtor, and transferee.\n\nb. Effect of transfer statement. A transfer statement entitles the transferee to\nthe transfer of record of all rights of the debtor in the collateral specified\nin the statement in any official filing, recording, registration, or\ncertificate-of-title system covering the collateral. If a transfer statement is\npresented with the applicable fee and request form to the official or office\nresponsible for maintaining the system, the official or office shall:\n\n 1. accept the transfer statement;\n\n 2. promptly amend its records to reflect the transfer; and\n\n 3. if applicable, issue a new appropriate certificate of title in the name of\n the transferee.\n\nc. Transfer not a disposition; no relief of secured party’s duties. A\ntransfer of the record or legal title to collateral to a secured party under\nsubsection (b) or otherwise is not of itself a disposition of collateral under\nthis title and does not of itself relieve the secured party of its duties under\nthis title.\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}}