Virginia § 8.9A-402 - Secured party not obligated on contract of debtor or in tort
Full text of Virginia Code of Virginia § 8.9A-402 — Secured party not obligated on contract of debtor or in tort, with citation guidance and answers to common questions.
§ 8.9A-402. Secured party not obligated on contract of debtor or in tort
The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor's acts or omissions.
1964, c. 219, § 8.9-317; 2000, c. 1007.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 8.9A-402
What does Code of Virginia § 8.9A-402 cover?
Section 8.9A-402 ("Secured party not obligated on contract of debtor or in tort") 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 § 8.9A-402?
A common citation format is "Code of Virginia § 8.9A-402" (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 § 8.9A-402 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.