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2011 SESSION

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HB 2206 Bulk Sales; repeals Title 8.6A of Code of Virginia which is considered obsolete.

Introduced by: Barbara J. Comstock | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Title 8.6A; Uniform Commercial Code - Bulk Sales.  Repeals Title 8.6A of the Code of Virginia, which is considered obsolete. It has been repealed in 45 states.  The National Conference of Commissioners on Uniform State Laws states that there is no evidence that fraudulent bulk sales occur frequently enough or engender credit losses significant enough to require regulation of all bulk sales.


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