Redline version of proposed rule language also provided with proposed rulemaking.
Proposed Amendments
Require that Uniform commercial code (UCC) records only be communicated to the clerk of Virginia State Corporation Commission by electronic delivery method.
Unless in case of hardship, other good cause, where clerk may allow another method.
Additional process revisions, including fees, data entry procedures, and forms.
Consultation
Comments on proposed rule amendments to UCC records are due by Oct. 11, 2024.
State register reported proposal filed by State Corporation Commission Aug. 20, 2024.
Effectiveness
Proposed amendments effective on Jan. 1, 2025.
Dec. 2024 VA LEG Final Rule
On Dec. 16, 2024, VA LEG adopted proposed UCC filing rules, effective Jan. 1, 2025.
Regulators
VA LEG
Entity Types
Corp
Reference
VA SR Vol 41, IS. 9, 12/16/2024; VA SR Vol. 41 Is. 2, 9/9/2024; RF R25-8014, 8/20/2024; UCC; Citation: *VA LEG* 5-30-20, 5-30-70;
