There is a newer version of the Code of Virginia
2011 Code of Virginia
Title 59.1 TRADE AND COMMERCE.
Chapter 43 Uniform Computer Information Transactions Act (59.1-501.1 thru 59.1-509.2)
59.1-505.11 Financing arrangements; effect on licensor's rights
VA Code § 59.1-505.11 (2001 through Reg Session) What's This?
59.1-505.11. Financing arrangements; effect on licensor's rights.
(a) The creation of a financier's interest does not place any obligations on or alter the rights of a licensor.
(b) A financier's interest does not attach to any intellectual property rights of the licensor unless the licensor expressly consents to such attachment in a license or another record.
(2000, cc. 101, 996.)
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