Iowa Code

Iowa Code § 554.11109 (2026)

Effect of official comments

✓ Iowa Code 2026 (laws through the 2025 session)
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To the extent that they are consistent with the Iowa statutory text, the 1972 Official Comments to the 1972 Official Text of the Uniform Commercial Code are evidence of legislative intent as to the meaning of this chapter as amended by 1974 Iowa Acts, ch.1249. However, prior drafts of the Official Text and Comments may not be used to ascertain legislative intent. [C75, 77, 79, 81, §554.11109] 2016 Acts, ch 1073, §160\n\n ARTICLE 12 FUNDS TRANSFERS Referred to in §554.3102, 554.4104, 554.5116, 554.14107

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Provisions codified in this Article may be found in Article 4A of the proposed uniform commercial code legislation recommended by the National Conference of Commissioners on Uniform State Laws\n\n PART 1 SUBJECT MATTER AND DEFINITIONS

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Notes of Decisions
Cited in 2 cases, 1988–1990 · leading case: Cedar Rapids Meats, Inc. v. Hager (In Re Cedar Rapids Meats, Inc.), 121 B.R. 562 (Bankr. D. Iowa 1990).
Cedar Rapids Meats, Inc. v. Hager (In Re Cedar Rapids Meats, Inc.), 121 B.R. 562 (Bankr. D. Iowa 1990). · cites it 2× “Iowa Code § 554.11109 notes that these comments are evidence of the legislature’s intent in enacting the statute.”
Fed. Deposit Ins. Corp. v. Mount Pleasant Prof'l Bldg., 426 N.W.2d 126 (Iowa 1988). · cites it 2× “Iowa Code § 554.11109 . As we said earlier, the underlying federal securities are “uncertificated.”
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