Iowa Statutes
§ 554.9617 — Rights of transferee of collateral
Iowa § 554.9617
This text of Iowa § 554.9617 (Rights of transferee of 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 § 554.9617 (2026).
Text
1.Effects of disposition. A secured party’s disposition of collateral after default:
a.transfers to a transferee for value all of the debtor’s rights in the collateral;
b.discharges the security interest under which the disposition is made; and
c.discharges any subordinate security interest or other subordinate lien.
2.Rights of good-faith transferee. A transferee that acts in good faith takes free of the
rights and interests described in subsection 1, even if the secured party fails to comply with
this Article or the requirements of any judicial proceeding.
3.Rights of other transferee. If a transferee does not take free of the rights and interests
described in subsection 1, the transferee takes the collateral subject to:
a.the debtor’s rights in the collateral;
b.the security int
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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Laws not repealed§ 554.1101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 § 554.9617, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/554.9617.