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Virginia Code Title 59.1. Trade and Commerce § 59.1-505.11. Financing arrangements; effect on licensor's rights

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Virginia Code Title 59.1. Trade and Commerce § 59.1-505.11. Financing arrangements; effect on licensor's rights - last updated January 01, 2025 | https://codes.findlaw.com/va/title-59-1-trade-and-commerce/va-code-sect-59-1-505-11/

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