{"data":{"id":"us-va/va.-code-8.9a-314","jurisdiction":"us-va","citation":"Va. Code § 8.9A-314","heading":"Perfection by control","body":"(a) Perfection by control. A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, electronic money, investment property, or letter-of-credit rights may be perfected by control of the collateral under § 8.7-106, 8.9A-104, 8.9A-105.1, 8.9A-106, 8.9A-107, or 8.9A-107.1.(b) Specified collateral; time of perfection by control; continuation of perfection. A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, electronic money, investment property, or letter-of-credit rights is perfected by control under § 8.7-106, 8.9A-104, 8.9A-105.1, 8.9A-106, 8.9A-107, or 8.9A-107.1 not earlier than the time the secured party obtains control and remains perfected by control only while the secured party retains control.(c) Investment property; time of perfection by control; continuation of perfection. A security interest in investment property is perfected by control under § 8.9A-106 not earlier than the time the secured party obtains control and remains perfected by control until:(1) the secured party does not have control; and(2) one of the following occurs:(A) if the collateral is a certificated security, the debtor has or acquires possession of the security certificate;(B) if the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or(C) if the collateral is a security entitlement, the debtor is or becomes the entitlement holder.1996, c. 216, § 8.9-115; 2000, c. 1007; 2004, c. 200; 2024, c. 652.","path":["Title 8.9A. Commercial Code — Secured Transactions","Part 3. Perfection and Priority","Subpart 2. Perfection"],"source_url":"https://law.lis.virginia.gov/vacode/8.9A-314/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:13:29Z","sha256":"416b01e81cae95fe8964b94d4779557736cdfd65136d66effd83cfe852c5dc69","source_id":"us-va","stale":true,"prev":"us-va/va.-code-8.9a-313","next":"us-va/va.-code-8.9a-314.1"},"notice":"GroundRules: Original legal text. Not legal advice."}