Virginia § 8.01-13 - Assignee or beneficial owner may sue in own name; certain discounts allowed
Full text of Virginia Code of Virginia § 8.01-13 — Assignee or beneficial owner may sue in own name; certain discounts allowed, with citation guidance and answers to common questions.
§ 8.01-13. Assignee or beneficial owner may sue in own name; certain discounts allowed
The assignee or beneficial owner of any bond, note, writing or other chose in action, not negotiable may maintain thereon in his own name any action which the original obligee, payee, or contracting party might have brought, but, except as provided in § 8.9A-403, shall allow all just discounts, not only against himself, but against such obligee, payee, or contracting party, before the defendant had notice of the assignment or transfer by such obligee, payee, or contracting party, and shall also allow all such discounts against any intermediate assignor or transferor, the right to which was acquired on the faith of the assignment or transfer to him and before the defendant had notice of the assignment or transfer by such assignor or transferor to another.
Code 1950, § 8-94; 1964, c. 219; 1966, c. 396; 1977, c. 617.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 8.01-13
What does Code of Virginia § 8.01-13 cover?
Section 8.01-13 ("Assignee or beneficial owner may sue in own name; certain discounts allowed") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 8.01-13?
A common citation format is "Code of Virginia § 8.01-13" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 8.01-13 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.