Iowa § 554.15305 Priority

Iowa Statutes

§ 554.15305 — Priority

Iowa § 554.15305

Title XIIICOMMERCE

Ch. 554UNIFORM COMMERCIAL CODE

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Bluebook

Iowa Code § 554.15305 (2026).

Text

1.Determination of priority. Subject to subsections 2 and 3, 2024 Iowa Acts, ch. 1023, 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 July 1, 2024, Article 9, as in effect before July 1, 2024, 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 2024 Iowa Acts, ch. 1023, modify the priorities established before July 1, 2024, the priorities of claims to Article 14 property and electronic money established before July 1, 2024, cease to apply.

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1. Determination of priority. Subject to subsections 2 and 3, 2024 Iowa Acts, ch. 1023,
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 July 1, 2024, Article 9, as in effect before July 1, 2024, 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 2024 Iowa Acts, ch. 1023, modify the
priorities established before July 1, 2024, the priorities of claims to Article 14 property and
electronic money established before July 1, 2024, cease to apply.