Iowa Code » Chapter 554 — UNIFORM COMMERCIAL CODE

Iowa Code § 554.9302

Law governing perfection and priority of agricultural liens

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While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products. 2000 Acts, ch 1149, §22, 185, 187 Referred to in §554.1301, 579A.2, 579B.3

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Notes of Decisions
Cited in 15 cases, 1971–2011 · leading case: Oyens Feed & Supply, Inc. v. Primebank
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Oyens Feed & Supply, Inc. v. Primebank (2011) iowa · cites it 2× “See Iowa Code § 554.9302 ("While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products.”
Tubbs v. United Central Bank, N.A. (1990) iowa · cites it 4× “See Iowa Code § 554.9302 (1). The receiver counters that he is entitled to the future payments under the participation notes because any claim of ownership or security interest on the part of UCB is voidable on the ground that they were fraudulent conveyances; that they are…”
Ellefson v. Centech Corp. (2000) iowa · cites it 2× “Iowa Code §§ 554.9302 , .9401(l)(c). In this case, it is uncontroverted that all of these requirements were met.”
United States v. Lincoln Savings Bank (In Re Commercial Millwright Service Corp.) (1999) ianb · cites it 2× “Iowa Code § 554.9302 . A financing statement is legally sufficient if it contains the names and mailing addresses of the debtor and secured party and a description of collateral, and is signed by the debtor.”
United States v. Lincoln Savings Bank (In Re Commercial Millwright Service Corp.) (1998) ianb · cites it 2× “The effect of this is to discontinue perfection of any subsequent secured interest of the Bank against Debtor’s after-acquired property.”
Matter of Aztec Concrete, Inc. (1992) iasb · cites it 2× “This court holds that, pursuant to Iowa Code § 554.9302 (3), a truck with equipment attached prior to sale, without retention of a separate interest in its parts (as in the case of a supplier-installer), is subject only to Iowa Code § 321.”
Merchants National Bank of Cedar Rapids v. Halberstadt (1988) iowactapp · cites it 2× “Iowa Code § 554.9302 (1985). The financing statement is sufficient if it contains the names and mailing addresses of the debtor and secured party, “a statement indicating the types, or describing the items, of collateral,” and is signed by the debtor.”
Central Iowa Production Credit Ass'n v. DeSchamp (In Re DeSchamp) (1984) ianb “The Iowa Code further provides with respect to the perfection of security interests in motor vehicles that A security interest in a vehicle subject to registration under the laws of this state ... is perfected by the delivery to the county treasurer of the county where the…”
In Re Fort Dodge Roofing Co. (1985) ianb · cites it 5× “Stetson cites the following exception set forth in the Iowa Code § 554.9302 (l)(e): A financing statement must be filed to perfect all security interests except the following: ****** (e) An assignment of accounts which does not alone or in conjunction with other assignments to…”
Terpstra v. Michelosen (In Re Product Design & Fabrication, Inc.) (1994) ianb · cites it 2× “See Iowa Code § 554.9302 (3)(b). The transfer of the security interest in vehicles to Michelosen is avoidable by the trustee pursuant to 11 U.”
Sternco, Inc. v. Associates Leasing, Inc. (In Re Rose Way, Inc.) (1990) iasb · cites it 2× “Iowa Code § 554.9302 (3)(b). Associates is listed on each Peterbilt certificate of title as “owner,” but the certificates do not contain a notation that Associates has a security interest in the Peter-bilts.”
Municipal Equipment Co. v. Butch & Son Deep Rock (1971) iowa · cites it 2× “50, plaintiff was not required to comply with *758 section 554.9302(3) (b) and (4) dealing with the perfection of security interests generally.”
Show all 15 citing cases →
— Iowa Code § 554.9302(1)(e) — 1 case
In Re Fort Dodge Roofing Co. (1985) ianb “Stetson cites the following exception set forth in the Iowa Code § 554.9302 (l)(e): A financing statement must be filed to perfect all security interests except the following: ****** (e) An assignment of accounts which does not alone or in conjunction with other assignments to…”
— Iowa Code § 554.9302(3) — 1 case
Municipal Equipment Co. v. Butch & Son Deep Rock (1971) iowa “50, plaintiff was not required to comply with *758 section 554.9302(3) (b) and (4) dealing with the perfection of security interests generally.”
— Iowa Code § 554.9302(3)(b) — 1 case
Central Iowa Production Credit Ass'n v. DeSchamp (In Re DeSchamp) (1984) ianb “The Iowa Code further provides with respect to the perfection of security interests in motor vehicles that A security interest in a vehicle subject to registration under the laws of this state ... is perfected by the delivery to the county treasurer of the county where the…”
— Iowa Code § 554.9302(l)(e) — 1 case
In Re Fort Dodge Roofing Co. (1985) ianb “Stetson cites the following exception set forth in the Iowa Code § 554.9302 (l)(e): A financing statement must be filed to perfect all security interests except the following: ****** (e) An assignment of accounts which does not alone or in conjunction with other assignments to…”
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