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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>378413</law_id><section_number>8.9A-332</section_number><catch_line>Transfer of money, transfer of funds from deposit account</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="30" identifier="8.9A">Commercial Code &#x2014; Secured Transactions</unit><unit label="part" level="2" order_by="3" identifier="3">Perfection and Priority</unit><unit label="subpart" level="3" order_by="3" identifier="3">Priority</unit></structure><text>
						<section id="a"><p><span class="prefix-number">a.</span> Transferee of tangible money. A transferee of tangible money takes the money free of a security interest if the transferee receives <span class="dictionary">possession</span> of the money without acting in collusion with the debtor in violating the rights of the secured <span class="dictionary">party</span>. <a id="paragraph-1412522" class="section-permalink" href="https://vacode.org/8.9A-332/#a"><i class="fa fa-link"/></a></p></section>
						<section id="b"><p><span class="prefix-number">b.</span> Transferee of funds from deposit account. A transferee of funds from a deposit account takes the funds free of a security interest if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured <span class="dictionary">party</span>. <a id="paragraph-1412523" class="section-permalink" href="https://vacode.org/8.9A-332/#b"><i class="fa fa-link"/></a></p></section>
						<section id="c"><p><span class="prefix-number">c.</span> Transferee of electronic money. A transferee of electronic money takes the money free of a security interest if the transferee obtains control of the money without acting in collusion with the debtor in violating the rights of the secured <span class="dictionary">party</span>. <a id="paragraph-1412524" class="section-permalink" href="https://vacode.org/8.9A-332/#c"><i class="fa fa-link"/></a></p></section></text><history>2000, c. 1007; 2024, c. 652.</history><metadata></metadata></law>
