An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1966 |
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Law Number | 400 |
Subjects |
Law Body
CHAPTER 400
An Act to amend and reenact § 55-96, as amended, of the Code of
Virginia, relating to recordation of contracts, deeds, mortgages and
other instruments to conform to the filing provisions of the Uniform
Commercial Code.
[S 390]
Approved April 1, 1966
Be it enacted by the General Assembly of Virginia:
1. That § 55-96, as amended, of the Code of Virginia be amended and
reenacted as follows: |
§ 55-96. Every such contract in writing, and every deed conveying
any such estate or term, and every deed of gift, or deed of trust, or
mortgage conveying real estate or goods and chattels and every such bill
of sale, or contract for the sale of goods and chattels, when the possession
is allowed to remain with the grantor, * shall be void as to all purchasers
for valuable consideration without notice not parties thereto and lien
creditors, until and except from the time it is duly admitted to record
in the county or corporation wherein the property embraced in such con-
tract, deed or bill of sale may be, but the mere possession of- real estate
shall not of itself be notice to purchasers thereof for value of any interest
or estate therein of the person in possession; provided, that as to goods
whose possession is retained by a merchant-seller the provisions of sub-
section (2) of § 8.2-402 of the Uniform Commercial Code shall be con-
trolling; further provided that this § 55-96 shall not apply to any security
interest in goods under the Untform Commercial Code except as provided
an subsection (5) of § 8.9-802. A recordation under the provisions of
this section shall, when any real estate subject to the lien of any such
contract has been annexed to or merged with an adjoining city subsequent
to such docketing, be deemed to have been recorded in the proper clerk’s
office of such city. A recordation under this section shall not. affect the
rights of a creditor acquired under § 55-152.
The clerk of each court in which any such instrument is by law
required to be recorded shall keep a daily index of all such instruments
admitted to record in his office, and, immediately upon admission of any
such instrument to record, the clerk shall index the same either in the
daily index or the appropriate general index of his office. All instruments
indexed in the daily index shall be indexed by the clerk in the appropriate
general index within ninety days after admission to record. During the
period permitted for transfer from the daily index to the general index,
indexing in the daily index shall be a sufficient compliance with the require-
ments of this section as to indexing.