If the lienholder is unwilling to hold the property and credit the debtor with the full amount of the lienholder’s lien, the lienholder must state the utmost amount that the lienholder is willing to credit the debtor.
Iowa Code § 628.19
Credit on lien
[R60, §3345; C73, §3115; C97, §4056; C24, 27, 31, 35, 39, §11790; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §628.19] 2019 Acts, ch 24, §85
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.