                                 CODE OF VIRGINIA

PROTECTION OF ASSIGNEES, TRANSFEREES OR ENDORSEES OF DEBTS SECURED BY
MECHANICS&#8217; OR CROP LIENS (§ 43-65)

Whenever any debt secured on real estate or personal property by a
mechanics&#8217; or crop lien has been assigned, transferred, or endorsed to
another, in whole or in part by the original payee thereof, such payee,
assignee, transferee, or endorsee may cause a memorandum or statement of the
assignment to such assignee, transferee, or endorsee to be recorded, which
memorandum or statement shall be signed by the assignor, transferrer, or
endorser, or his duly authorized agent or attorney, and when so signed and the
signature thereto attested by the clerk in whose office such encumbrance is
recorded the same shall operate as a notice of such assignment and transfer.
Such assignment, transfer, or endorsement shall reference the book and page
where the original debt secured on real estate or personal property is recorded.
And where such transfer by the payee is so entered in the proper book,
subsequent transfers may likewise be entered in the same manner and with like
effect. Provided, however, this section shall not apply to conditional sales
contracts of personal property.

HISTORY: Code 1919, § 6457; 1932, p. 548; 1934, p. 249; 2014, c. 330.