1. Except as otherwise provided in Article 11 of this chapter, this chapter shall take effect and be in force on and after July 4, 1966. It applies to transactions entered into and events occurring after that date.
2. Transactions validly entered into before the effective date specified in this section and the rights, duties and interests flowing from them remain valid thereafter and may be terminated, completed, consummated or enforced as required or permitted by any statute or other law amended or repealed by this chapter as though such repeal or amendment had not occurred. [C24, 27, 31, 35, 39, §10006; C46, 50, 54, 58, 62, §554.78; C66, 71, 73, 75, 77, 79, 81, §554.10101] 2018 Acts, ch 1041, §127 Referred to in §554.11102\n\n 554.10102 Reserved. \n
Notes of Decisions
Zeman v. Canton State Bank, 211 N.W.2d 346 (Iowa 1973).
· cites it 2× “The trial court held and the bank urges on appeal the Uniform Commercial Code is the proven law of Minnesota even though not pleaded. Even if it had been pleaded we could not apply the Uniform Commercial Code to Zeman’s claim by its express language.”
Forst v. Sioux City, 209 N.W.2d 5 (Iowa 1973).
· cites it 2× “However, section 554.10101, The Code, contains a provision that “transactions validly entered into before the effective date [July 4, 1966] * * * remained valid thereafter and may be terminated, completed, consummated or enforced as required or permitted by any statute or other…”
Hilgenberg v. Iowa Beef Packers, Inc., 175 N.W.2d 353 (Iowa 1970).
· cites it 2× “The measure of damages is the difference between the contract price and the market price at the time fixed for performance of the contract.”
Shirk Oil Co. v. Linsley, 166 N.W.2d 789 (Iowa 1969).
· cites it 2× “This was reduced to writing by the taking of an inventory of the merchandise and equipment (plaintiff’s exhibit “A”) and execution of a conditional sales contract (plaintiff’s exhibit “B”) under which title to the property remained in the seller until the entire purchase price…”
Pfaudler Co. v. Am. Beef Packing Co., 338 F. Supp. 701 (S.D. Iowa 1972).
· cites it 2× “(Section 554.10101). The pertinent provisions of the Iowa Sales Act in effect prior to July 4,1966, are found in sections 554.”
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