                                 CODE OF VIRGINIA

SECURITY INTEREST PERFECTED BEFORE JULY 1, 2013 (§ 8.9A-803)

a. Continuing perfection; perfection requirements satisfied. A security interest
that is a perfected security interest immediately before July 1, 2013, is a
perfected security interest under this title as amended by the 2013 amendments
if, on July 1, 2013, the applicable requirements for attachment and perfection
under this title, as amended by the 2013 amendments, are satisfied without
further action.

b. Continuing perfection; perfection requirements not satisfied. Except as
otherwise provided in &#xA7; 8.9A-805, if, immediately before July 1, 2013, a
security interest is a perfected security interest, but the applicable
requirements for perfection under this title, as amended by the 2013 amendments,
are not satisfied on July 1, 2013, the security interest remains perfected
thereafter only if the applicable requirements for perfection under this title,
as amended by the 2013 amendments, are satisfied within one year after July 1,
2013.

HISTORY: 2012, c. 155.