Va. Code § 8.11-101
Effective date
This act shall become effective at 12:01 a.m. on July 1, 1974.
Code of Virginia Title 8.11 — 1973 Amendatory Act — Effective Date and Transition Provisions
Virginia · statute · Va. Code tit. 8.11 · 8 active provisions
Provisions
Va. Code § 8.11-102
Preservation of old transition provision
The provisions of Title 8.10 shall continue to apply to this act of 1973, and for this purpose Titles 8.1 through 8.10 as amended through 1972, and this act of 1973 shall be considered one continuous statute.
Va. Code § 8.11-103
Transition to this act; general rule
Transactions validly entered into on and after January 1, 1966, and before July 1, 1974, and which were subject to the provisions of Titles 8.1 through 8.10 as amended through 1972 and which would be subject to this act as amended if they had been entered into after the effective date of this act and the rights, duties…
Va. Code § 8.11-104
Transition provision on change of requirement of filing
A security interest for the perfection of which filing or the taking of possession was required under Titles 8.1 through 8.10 as amended through 1972 and which attached prior to the effective date of this act of 1973, but was not perfected shall be deemed perfected on the effective date of this act of 1973, if this act…
Va. Code § 8.11-105
Transition provision on change of place of filing
(1) A financing statement or continuation statement filed prior to July 1, 1974, which shall not have lapsed prior to July 1, 1974, shall remain effective for the period provided in Title 8.9 as amended through 1972, but not less than five years after the filing. (2) With respect to any collateral acquired by the debto…
Va. Code § 8.11-106
Required refilings
(1) If a security interest is perfected or has priority when this act takes effect as to all persons or as to certain persons without any filing or recording, and if the filing of a financing statement would be required for the perfection or priority of the security interest against those persons under this act, the pe…
Va. Code § 8.11-107
Transition provisions as to priorities
Except as otherwise provided in this title, Titles 8.1 through 8.9 as amended through 1972 shall apply to any questions of priority if the positions of the parties were fixed prior to the effective date of this act of 1973. In other cases questions of priority shall be determined by this act of 1973.
Va. Code § 8.11-108
Presumption that rule of law continues unchanged
Unless a change in law has clearly been made, the provisions of this act of 1973 shall be deemed declaratory of the meaning of Titles 8.1 through 8.9 as amended through 1972.