{"data":{"id":"us-va/va.-code-8.9a-707","jurisdiction":"us-va","citation":"Va. Code § 8.9A-707","heading":"Amendment of preeffective-date financing statement","body":"(a) Preeffective-date financing statement. In this section, \"preeffective-date financing statement\" means a financing statement filed before this title takes effect.(b) Applicable law. After this title takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a preeffective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Part 3 (§ 8.9A-301 et seq.) of this title. However, the effectiveness of a preeffective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.(c) Method of amending; general rule. Except as otherwise provided in subsection (d), if the law of this Commonwealth governs perfection of a security interest, the information in a preeffective-date financing statement may be amended after this title takes effect only if:(1) the preeffective-date financing statement and an amendment are filed in the office specified in § 8.9A-501;(2) an amendment is filed in the office specified in § 8.9A-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies § 8.9A-706 (c); or(3) an initial financing statement that provides the information as amended and satisfies § 8.9A-706 (c) is filed in the office specified in § 8.9A-501.(d) Method of amending; continuation. If the law of this Commonwealth governs perfection of a security interest, the effectiveness of a preeffective-date financing statement may be continued only under § 8.9A-705 (d) and (f) or § 8.9A-706.(e) Method of amending; additional termination rule. Whether or not the law of this Commonwealth governs perfection of a security interest, the effectiveness of a preeffective-date financing statement filed in this Commonwealth may be terminated after this title takes effect by filing a termination statement in the office in which the preeffective-date financing statement is filed, unless an initial financing statement that satisfies § 8.9A-706 (c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Part 3 (§ 8.9A-301 et seq.) of this title as the office in which to file a financing statement.2000, c. 1007.","path":["Title 8.9A. COMMERCIAL CODE — SECURED TRANSACTIONS","Part 7. TRANSITION"],"source_url":"https://law.lis.virginia.gov/vacode/8.9A-707/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:13:29Z","sha256":"826ef251a4139ede69e1c315d4be2a4a3d7c444d3172ad2d7f438808fb168f4b","source_id":"us-va","stale":true,"prev":"us-va/va.-code-8.9a-706","next":"us-va/va.-code-8.9a-708"},"notice":"GroundRules: Original legal text. Not legal advice."}
