Va. Code Ann. § 8.13-303
Security interest unperfected before effective date
Effective Jul 1, 20242024, c. 652.
A security interest that is enforceable immediately before the effective date of this act but is unperfected at that time:
- (1) remains an enforceable security interest until the adjustment date;
- (2) remains enforceable thereafter if the security interest becomes enforceable under § 8.9A-203, as amended by this act, on the effective date of this act or before the adjustment date; and
(3) becomes perfected:
- (A) without further action, on the effective date of this act if the requirements for perfection under this act are satisfied before or at that time; or
- (B) when the requirements for perfection are satisfied if the requirements are satisfied after that time.
2024, c. 652.