38.2-4712 - Validity of secured transactions. - Virginia Statutes - USA Laws Searching

Statutes > Virginia Statutes > Title 38.2 - INSURANCE. > Chapter 47 - Insurance Premium Finance Companies (38.2-4700 thru 38.2-4712) > 38.2-4712 - Validity of secured transactions.

38.2-4712 - Validity of secured transactions.

§ 38.2-4712. Validity of secured transactions.

No filing of the premium finance agreement or recording of a premium financetransaction shall be necessary to validate the agreement as a securedtransaction.

(1964, c. 147, § 38.1-745; 1981, c. 107; 1986, c. 562.)