Iowa Code § 554.9110
Security interests arising under Article 2 or 13
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2013
As of January 1, 2012
A security interest arising under section 554.2401, 554.2505, 554.2711, subsection 3, or section 554.13508, subsection 5, is subject to this Article. However, until the debtor obtains possession of the goods:
A security interest arising under section 554.2401, 554.2505, 554.2711, subsection 3, or section 554.13508, subsection 5, is subject to this Article. However, until the debtor obtains possession of the goods:
1. the security interest is enforceable, even if section 554.9203, subsection 2, paragraph “c”, has not been satisfied;
1. the security interest is enforceable, even if section 554.9203, subsection 2, paragraph “c”, has not been satisfied;
2. filing is not required to perfect the security interest;
2. filing is not required to perfect the security interest;
3. the rights of the secured party after default by the debtor are governed by Article 2 or 13; and
3. the rights of the secured party after default by the debtor are governed by Article 2 or 13; and
4. the security interest has priority over a conflicting security interest created by the debtor.
4. the security interest has priority over a conflicting security interest created by the debtor.
Referred to in
Effective July 1, 2001; 2000 Acts, ch 1149, §187; former section repealed effective July 1, 2001; 2000 Acts, ch 1149, §185, 187; for law prior to July 1, 2001, see Code 2001
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.