# Va. Code Ann. § 59.1-505.6: Transfer by licensee

> Virginia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.6

## Section

- **Citation:** Va. Code Ann. § 59.1-505.6
- **Heading:** Transfer by licensee
- **Jurisdiction:** Virginia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Virginia Code / Title 59.1 / Chapter 43 / Article 5 / Section 59.1-505.6

## Text

(a) If all or any part of a licensee's interest in a license is transferred, voluntarily or involuntarily, the transferee does not acquire an interest in information, copies, or the contractual or informational rights of the licensee unless the transfer is effective under § 59.1-505.3 or § 59.1-505.8 (a) (1) (B). If the transfer is effective, the transferee takes subject to the terms of the license.

(b) Except as otherwise provided under trade secret law, a transferee acquires no more than the contractual interest or other rights that the transferor was authorized to transfer.

2000, cc. 101 , 996 .

## Nearby sections

- [Va. Code Ann. § 59.1-505.1 Ownership of informational rights](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.1.md)
- [Va. Code Ann. § 59.1-505.2 Title to copy](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.2.md)
- [Va. Code Ann. § 59.1-505.3 Transfer of contractual interest](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.3.md)
- [Va. Code Ann. § 59.1-505.4 Effect of transfer of contractual interest](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.4.md)
- [Va. Code Ann. § 59.1-505.5 Performance by delegate; subcontract](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.5.md)
- [Va. Code Ann. § 59.1-505.6 Transfer by licensee](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.6.md)
- [Va. Code Ann. § 59.1-505.7 Financing if financier does not become licensee](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.7.md)
- [Va. Code Ann. § 59.1-505.8 Finance licenses](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.8.md)
- [Va. Code Ann. § 59.1-505.9 Financing arrangements; obligations irrevocable](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.9.md)
- [Va. Code Ann. § 59.1-505.10 Financing arrangements; remedies or enforcement](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.10.md)
- [Va. Code Ann. § 59.1-505.11 Financing arrangements; effect on licensor's rights](https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.11.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VA_T59.1_C43_A5_S59.1-505.6. Check the current official text before relying on it. Not legal advice.