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Iowa Code § 554.9401

Alienability of debtor’s rights

Known as the Uniform Commercial Code

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

2000 Acts, ch 1149, §63, 185, 187

1. Other law governs alienability — exceptions. Except as otherwise provided in subsection 2 and sections 554.9406, 554.9407, 554.9408, and 554.9409, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this Article.

2. Agreement does not prevent transfer. An agreement between the debtor and secured party which prohibits a transfer of the debtor’s rights in collateral or makes the transfer a default does not prevent the transfer from taking effect.

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