Iowa § 626.39 Statement of amount due

Iowa Statutes

§ 626.39 — Statement of amount due

Iowa § 626.39

Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES

Ch. 626EXECUTION

This text of Iowa § 626.39 (Statement of amount due) 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 § 626.39 (2026).

Text

The secured party, before receiving the money tendered to the party by the attaching
or execution creditor or which was deposited with the clerk, shall state by a signed
memorandum the amount due or to become due and deliver the same along with the security
agreement, unless it has been filed as the financing statement, to the person paying the said
amount or the clerk with whom the deposit is made, and the secured party shall only receive
the amount so stated to be due, and the surplus, if any, shall be returned to the person
making the deposit.

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The secured party, before receiving the money tendered to the party by the attaching
or execution creditor or which was deposited with the clerk, shall state by a signed
memorandum the amount due or to become due and deliver the same along with the security
agreement, unless it has been filed as the financing statement, to the person paying the said
amount or the clerk with whom the deposit is made, and the secured party shall only receive
the amount so stated to be due, and the surplus, if any, shall be returned to the person
making the deposit.