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Va. Code § 8.9A-325

Priority of security interests in transferred collateral

Virginia · Code of Virginia Title 8.9A — Commercial Code — Secured Transactions · Status: effective

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Va. Code § 8.9A-325, Priority of security interests in transferred collateral, Virginia, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1399487
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(a) Subordination of security interest in transferred collateral. Except as otherwise provided in subsection (b), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if: (1) the debtor acquired the collateral subject to the security interest created by the other person; (2) the security interest created by the other person was perfected when the debtor acquired the collateral; and (3) there is no period thereafter when the security interest is unperfected. (b) Limitation of subsection (a) subordination. Subsection (a) subordinates a security interest only if the security interest: (1) otherwise would have priority solely under § 8.9A-322 (a) or § 8.9A-324 ; or (2) arose solely under § 8.2-711 (3) or § 8.2A-508 (5).