{"data":{"id":"us-va/va.-code-8.9a-104","jurisdiction":"us-va","citation":"Va. Code § 8.9A-104","heading":"Control of deposit account","body":"(a) Requirements for control. A secured party has control of a deposit account if:(1) the secured party is the bank with which the deposit account is maintained;(2) the debtor, secured party, and bank have agreed in a signed record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor;(3) the secured party becomes the bank's customer with respect to the deposit account; or(4) another person, other than the debtor:(A) has control of the deposit account and acknowledges that it has control on behalf of the secured party; or(B) obtains control of the deposit account after having acknowledged that it will obtain control of the deposit account on behalf of the secured party.(b) Debtor's right to direct disposition. A secured party that has satisfied subsection (a) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.2000, c. 1007; 2024, c. 652.","path":["Title 8.9A. Commercial Code — Secured Transactions","Part 1. General Provisions","Subpart 1. Short Title, Definitions and General Concepts"],"source_url":"https://law.lis.virginia.gov/vacode/8.9A-104/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:13:29Z","sha256":"e7b6f20f92f193b6028b22cb84f2e2aa029320cfde2881afa91107e1a3732a11","source_id":"us-va","stale":true,"prev":"us-va/va.-code-8.9a-103","next":"us-va/va.-code-8.9a-105"},"notice":"GroundRules: Original legal text. Not legal advice."}