                                 CODE OF VIRGINIA

FINANCING IF FINANCIER DOES NOT BECOME LICENSEE (§ 59.1-505.7)

If a financier does not become a licensee in connection with its financial
accommodation contract, the following rules apply:

1. The financier does not receive the benefits or burdens of the license.

2. The licensee&#8217;s rights and obligations with respect to the information
and informational rights are governed by:

   A. the license;

   B. any rights of the licensor under other law; and

   C. to the extent not inconsistent with subparagraphs (A) and (B), any
   financial accommodation contract between the financier and the licensee, which
   may add additional conditions to the licensee&#8217;s right to use the
   licensed information or informational rights.

HISTORY: 2000, cc. 101, 996.