Iowa Code § 554.15306

Current through bills signed by governor as of 5/17/2024
Section 554.15306 - Priority of claims when priority rules of Article 9 do not apply
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 this Act, do not apply.
2.Established priorities. Subject to subsection 3, when the priority rules of Article 9, as amended by this Act, do not apply and the priorities of claims to Article 14 property were established before the effective date of this Act, 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 this Act, do not apply, to the extent the priorities determined by this Act modify the priorities established before the effective date of this Act, the priorities of claims to Article 14 property established before the effective date of this Act cease to apply on July 1, 2025.

Iowa Code § 554.15306

Added by 2024 Iowa SF 2389,s 132, eff. 7/1/2024.