{"data":{"id":"us-va/va.-code-8.8a-104","jurisdiction":"us-va","citation":"Va. Code § 8.8A-104","heading":"Acquisition of security or financial asset or interest therein","body":"(a) A person acquires a security or an interest therein, under this title, if:(1) the person is a purchaser to whom a security is delivered pursuant to § 8.8A-301; or(2) the person acquires a security entitlement to the security pursuant to § 8.8A-501.(b) A person acquires a financial asset, other than a security, or an interest therein, under this title, if the person acquires a security entitlement to the financial asset.(c) A person who acquires a security entitlement to a security or other financial asset has the rights specified in Part 5, but is a purchaser of any security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in § 8.8A-503.(d) Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection (a) or (b).1996, c. 216.","path":["Title 8.8A. COMMERCIAL CODE — INVESTMENT SECURITIES","Part 1. SHORT TITLE AND GENERAL MATTERS"],"source_url":"https://law.lis.virginia.gov/vacode/8.8A-104/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:13:24Z","sha256":"65432e6b46b97bc039198f9f0b049b9108a7e5c0d4893ccaf44de37899344ec8","source_id":"us-va","stale":true,"prev":"us-va/va.-code-8.8a-103","next":"us-va/va.-code-8.8a-105"},"notice":"GroundRules: Original legal text. Not legal advice."}