Iowa § 554.9325 Priority of security interests in transferred collateral

Iowa Statutes

§ 554.9325 — Priority of security interests in transferred collateral

Iowa § 554.9325

Title XIIICOMMERCE

Ch. 554UNIFORM COMMERCIAL CODE

This text of Iowa § 554.9325 (Priority of security interests in transferred collateral) 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 § 554.9325 (2026).

Text

1.Subordination of security interest in transferred collateral. Except as otherwise provided in subsection 2, a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:

a.the debtor acquired the collateral subject to the security interest created by the other person;

b.the security interest created by the other person was perfected when the debtor acquired the collateral; and

c.there is no period thereafter when the security interest is unperfected.

2.Limitationofsubsection1subordination. Subsection1subordinatesasecurityinterest only if the security interest:

a.otherwise would have priority solely under section 554.9322, subsection 1, or section 554.9324; or

b.arose solely under section 554.2711, subsection 3, o

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1. Subordination of security interest in transferred collateral. Except as otherwise
provided in subsection 2, a security interest created by a debtor is subordinate to a security
interest in the same collateral created by another person if:
a. the debtor acquired the collateral subject to the security interest created by the other
person;
b. the security interest created by the other person was perfected when the debtor
acquired the collateral; and
c. there is no period thereafter when the security interest is unperfected.
2. Limitationofsubsection1subordination. Subsection1subordinatesasecurityinterest
only if the security interest:
a. otherwise would have priority solely under section 554.9322, subsection 1, or section
554.9324; or
b. arose solely under section 554.2711, subsection 3, or section 554.13508, subsection 5.