Iowa Code § 554.15305

Current through bills signed by governor as of 5/17/2024
Section 554.15305 - Priority
1.Determination of priority. Subject to subsections 2 and 3, this Act determines the priority of conflicting claims to collateral.
2.Established priorities. Subject to subsection 3, if the priorities of claims to collateral were established before the effective date of this Act, Article 9, as in effect before the effective date of this Act, determines priority.
3.Determination of certain priorities on July 1, 2025. On July 1, 2025, to the extent the priorities determined by Article 9, as amended by this Act, modify the priorities established before the effective date of this Act, the priorities of claims to Article 14 property and electronic money established before the effective date of this Act cease to apply.

Iowa Code § 554.15305

Added by 2024 Iowa SF 2389,s 131, eff. 7/1/2024.