Rights of Third Parties

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Part 4 of the Code of Virginia, titled “Rights of Third Parties.” It is part of Title 8.9A “Commercial Code — Secured Transactions”. It contains 9 laws.

It’s comprised of the following 9 sections.

§ 8.9A-401	Alienability of debtor's rights
§ 8.9A-402	Secured party not obligated on contract of debtor or in tort
§ 8.9A-403	Agreement not to assert defenses against assignee
§ 8.9A-404	Rights acquired by assignee; claims and defenses against assignee
§ 8.9A-405	Modification of assigned contract
§ 8.9A-406	Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective
§ 8.9A-407	Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest
§ 8.9A-408	Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective
§ 8.9A-409	Restrictions on assignment of letter-of-credit rights ineffective