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Iowa Code § 554.15306

Priority of claims when priority rules of Article 9 do not apply

Known as the Uniform Commercial Code

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

2024 Acts, ch 1023, §132

1. Determination of priority. Subject to subsections 2 and 3, Article 14 determines the priority of conflicting claims to Article 14 property when the priority rules of Article 9, as amended by

, do not apply.

2. Established priorities. Subject to subsection 3, when the priority rules of Article 9, as amended by

, do not apply and the priorities of claims to Article 14 property were established before July 1, 2024, law other than Article 14 determines priority.

3. Determination of certain priorities on July 1, 2025. When the priority rules of Article 9, as amended by

, do not apply, to the extent the priorities determined by

, modify the priorities established before July 1, 2024, the priorities of claims to Article 14 property established before July 1, 2024, cease to apply on July 1, 2025.

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