8.9A-310 - A-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply. - Virginia Statutes

§ 8.9A-310. When filing required to perfect security interest or agriculturallien; security interests and agricultural liens to which filing provisions donot apply.

(a) General rule; perfection by filing. Except as otherwise provided insubsection (b) and § 8.9A-312 (b), a financing statement must be filed toperfect all security interests and agricultural liens.

(b) Exceptions; filing not necessary. The filing of a financing statement isnot necessary to perfect a security interest:

(1) that is perfected under § 8.9A-308 (d), (e), (f), or (g);

(2) that is perfected under § 8.9A-309 when it attaches;

(3) in property subject to a statute, regulation, or treaty described in §8.9A-311 (a);

(4) in goods in possession of a bailee that is perfected under § 8.9A-312 (d)(1) or (2);

(5) in certificated securities, documents, goods, or instruments that isperfected without filing, control, or possession under § 8.9A-312 (e), (f),or (g);

(6) in collateral in the secured party's possession under § 8.9A-313;

(7) in a certificated security which is perfected by delivery of the securitycertificate to the secured party under § 8.9A-313;

(8) in deposit accounts, electronic chattel paper, electronic documents,investment property, or letter-of-credit rights which is perfected by controlunder § 8.9A-314;

(9) in proceeds which is perfected under § 8.9A-315; or

(10) that is perfected under § 8.9A-316.

(c) Assignment of perfected security interest. If a secured party assigns aperfected security interest or agricultural lien, a filing under this titleis not required to continue the perfected status of the security interestagainst creditors of and transferees from the original debtor.

(1964, c. 219, § 8.9-302; 1966, c. 569; 1973, c. 509; 1983, cc. 204, 367;1984, c. 613; 1996, c. 216; 2000, c. 1007; 2004, c. 200.)