Iowa Statutes
§ 554.9402 — Secured party not obligated on contract of debtor or in tort
Iowa § 554.9402
This text of Iowa § 554.9402 (Secured party not obligated on contract of debtor or in tort) 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 § 554.9402 (2026).
Text
The existence of a security interest, agricultural lien, or authority given to a debtor to
dispose of or use collateral, without more, does not subject a secured party to liability in
contract or tort for the debtor’s acts or omissions.
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Related
In Re Waters
90 B.R. 946 (N.D. Iowa, 1988)
First State Bank v. Shirley Ag Service, Inc.
417 N.W.2d 448 (Supreme Court of Iowa, 1987)
First National Bank in Creston v. Francis
342 N.W.2d 468 (Supreme Court of Iowa, 1984)
United States v. Lincoln Savings Bank (In Re Commercial Millwright Service Corp.)
245 B.R. 603 (N.D. Iowa, 2000)
United States v. Lincoln Savings Bank (In Re Commercial Millwright Service Corp.)
245 B.R. 585 (N.D. Iowa, 1998)
Merchants National Bank of Cedar Rapids v. Halberstadt
425 N.W.2d 429 (Court of Appeals of Iowa, 1988)
Branderhorst v. Central Iowa Production Credit Ass'n (In re Branderhorst)
843 F.2d 311 (Eighth Circuit, 1988)
Nearby Sections
15
§ 554.10101
Effective date§ 554.10103
General repealer§ 554.10104
Laws not repealed§ 554.1101
Short titles§ 554.1102
Scope of Article§ 554.1104
Construction against implied repeal§ 554.1105
Severability§ 554.1106
Use of singular and plural — gender§ 554.1107
Section captions§ 554.1110
Rules for filing and indexing§ 554.11101
Effective date§ 554.11102
Preservation of old transition provisionCite This Page — Counsel Stack
Bluebook (online)
Iowa § 554.9402, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/554.9402.