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Iowa Code § 554.15303

Security interest unperfected before July 1, 2024

Redline — January 1, 2025 → current.View current text →
Current — January 1, 2026
As of January 1, 2025
A security interest that is enforceable immediately before July 1, 2024, but is unperfected at that time:
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;
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
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
, on July 1, 2024, or before July 1, 2025; and
3. becomes perfected:
3. becomes perfected:
a. without further action, on July 1, 2024, if the requirements for perfection under
a. without further action, on July 1, 2024, if the requirements for perfection under
, are satisfied before or at that time; or
, are satisfied before or at that time; or
b. when the requirements for perfection are satisfied if the requirements are satisfied after that time.
b. when the requirements for perfection are satisfied if the requirements are satisfied after that time.
NEW section

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