Iowa § 554.15303 Security interest unperfected before July 1, 2024

Iowa Statutes

§ 554.15303 — Security interest unperfected before July 1, 2024

Iowa § 554.15303

Title XIIICOMMERCE

Ch. 554UNIFORM COMMERCIAL CODE

This text of Iowa § 554.15303 (Security interest unperfected before July 1, 2024) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 554.15303 (2026).

Text

A security interest that is enforceable immediately before July 1, 2024, but is unperfected at that time:

1.remains an enforceable security interest until July 1, 2025;

2.remains enforceable thereafter if the security interest becomes enforceable under section 554.9203, as amended by 2024 Iowa Acts, ch. 1023, on July 1, 2024, or before July 1, 2025; and

3.becomes perfected:

a.without further action, on July 1, 2024, if the requirements for perfection under 2024 Iowa Acts, ch. 1023, are satisfied before or at that time; or

b.whentherequirementsforperfectionaresatisfiediftherequirementsaresatisfiedafter that time.

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A security interest that is enforceable immediately before July 1, 2024, but is unperfected
at that time:
1. remains an enforceable security interest until July 1, 2025;
2. remains enforceable thereafter if the security interest becomes enforceable under
section 554.9203, as amended by 2024 Iowa Acts, ch. 1023, on July 1, 2024, or before July
1, 2025; and
3. becomes perfected:
a. without further action, on July 1, 2024, if the requirements for perfection under 2024
Iowa Acts, ch. 1023, are satisfied before or at that time; or
b. whentherequirementsforperfectionaresatisfiediftherequirementsaresatisfiedafter
that time.