Public-domain · open source
OpenJurist

Iowa Code § 554.15303

Security interest unperfected before July 1, 2024

Known as the Uniform Commercial Code

The act spans §§ 554–554 (631 sections).

2024 Acts, ch 1023, §129

A security interest that is enforceable immediately before July 1, 2024, but is unperfected at that time:

1. remains an enforceable security interest until July 1, 2025;

2. remains enforceable thereafter if the security interest becomes enforceable under section 554.9203, as amended by

, on July 1, 2024, or before July 1, 2025; and

3. becomes perfected:

a. without further action, on July 1, 2024, if the requirements for perfection under

, are satisfied before or at that time; or

b. when the requirements for perfection are satisfied if the requirements are satisfied after that time.

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.