                                 CODE OF VIRGINIA

MAINTENANCE AND DESTRUCTION OF RECORDS (§ 8.9A-522)

a. Post-lapse maintenance and retrieval of information. The filing office shall
maintain a record of the information provided in a filed financing statement for
at least one year after the effectiveness of the financing statement has lapsed
under &#xA7; 8.9A-515 with respect to all secured parties of record. The record
must be retrievable by using the name of the debtor and by using the file number
assigned to the initial financing statement to which the record relates.

b. Destruction of written records. Except to the extent that a statute governing
disposition of public records provides otherwise, the filing office immediately
may destroy any written record evidencing a financing statement. However, if the
filing office destroys a written record, it shall maintain another record of the
financing statement which complies with subsection (a).

HISTORY: 1964, c. 219, § 8.9-403; 1973, c. 509; 1975, c. 225; 1976, c. 536;
1977, c. 539; 1978, c. 284; 1982, c. 652; 1984, cc. 40, 771; 1985, c. 297; 1988,
c. 804; 1990, cc. 89, 412; 1992, c. 784; 2000, c. 1007.