1. Filing offices. Except as otherwise provided in subsection 2, if the local law of this
state governs perfection of a security interest or agricultural lien, the office in which to file a
financing statement to perfect the security interest or agricultural lien is:
a. the office designated for the filing or recording of a record of a mortgage on the related
real property, if:
(1) the collateral is as-extracted collateral or timber to be cut; or
(2) the financing statement is filed as a fixture filing and the collateral is goods that are
or are to become fixtures; or
b. the office of the secretary of state in all other cases, including a case in which the
collateral is goods that are or are to become fixtures and the financing statement is not filed
as a fixture filing.
2. Filing office for transmitting utilities. The office in which to file a financing statement
to perfect a security interest in collateral, including fixtures, of a transmitting utility is the
office of the secretary of state. The financing statement also constitutes a fixture filing as to
the collateral indicated in the financing statement which is or is to become fixtures.
2000 Acts, ch 1149, §72, 185, 187
Referred to in §554.9102, 554.9109, 554.9502, 554.9512, 554.9516, 554.9519, 554.9522, 554B.1
\n
Notes of Decisions
Brenton State Bank of Jefferson v. Tiffany, 440 N.W.2d 583 (Iowa 1989).
· cites it 8× “For real estate mortgage foreclosures, *587 Iowa Code section 654.4 [1] requires an election between a separate suit on a note and a real estate foreclosure.”
West Branch State Bank v. Gates, 477 N.W.2d 848 (Iowa 1991).
· cites it 4× “Iowa Code § 554.9501 . The purpose of this section of the act is “to broaden the options available to a secured creditor upon a debtor’s default.”
Klooster v. North Iowa State Bank, 404 N.W.2d 564 (Iowa 1987).
· cites it 2× “9503, or by appropriate legal process as authorized in section 554.9501(1). Because the Kloosters’ wrongful attachment claim is based upon actions of the bank in wrongfully dispossessing them of the hogs, it is lacking in legal merit.”
Hammer v. Beneficial Fin. Co. (In Re Hammer), 9 B.R. 343 (Bankr. D. Iowa 1981).
· cites it 4× “If such retroactive application is allowed, said avoidance provision would eliminate Beneficial’s preenactment security interest in Debtors’ property and deprive Beneficial of all the rights and remedies available to it under the security agreement and Iowa law.”
Interfirst Bank, Dallas, Texas v. Hanson, 395 N.W.2d 857 (Iowa 1986).
· cites it 2× “Self-help repossessions and replevin actions are alternate methods of regaining the possession of collateral as permitted by section 554.”
Fokkena v. First Nat'l Bank of Glidden (In Re McLaughlin Farms, Inc.), 120 B.R. 493 (Bankr. D. Iowa 1990).
· cites it 2× “Finally, the court does not believe it detrimental to the Bank that it failed to seek foreclosure on the machinery and equipment in either its original petition in state court, Exhibit 21, or in its post-bankruptcy suit against the then, non-bankruptcy parties to the settlement…”
In Re Schultz, 101 B.R. 68 (Bankr. D. Iowa 1989).
· cites it 2× “That same right or remedy is provided to the secured party under Iowa Code § 554.9501 . It is in the nature of a remedy.”
Monahan Loan Serv., Inc. v. Janssen, 349 N.W.2d 752 (Iowa 1984).
“5103(3) (1981) which provides that, when a lender takes possession of collateral pursuant to a security interest arising from a consumer loan, it must be disposed of according to “the provisions on disposition of collateral in sections 554.9501 to 554.9507.” The sections of the…”
Tolander v. Farmers Nat'l Bank, 452 N.W.2d 422 (Iowa 1990).
· cites it 2× “1975); Iowa Code § 554.9501 (1). We conclude that the trial court judgment must be affirmed.”
Shirk Oil Co. v. Linsley, 166 N.W.2d 789 (Iowa 1969).
“Nor did we then have any statutory provision authorizing the seller’s recovery of the deficiency as provided in Uniform Conditional Sales Act, section 22.”
Rockport Co. v. Wedgewood, Inc., 447 N.W.2d 126 (Iowa 1989).
· cites it 2× “Chapter 554 clearly provides that a secured creditor may take possession of its collateral merely upon the debtor’s default whether by judgment, foreclosure, other judicial procedure or self-help.”
— Iowa Code § 554.9501(1) — 2 cases
Klooster v. North Iowa State Bank, 404 N.W.2d 564 (Iowa 1987).
“9503, or by appropriate legal process as authorized in section 554.9501(1). Because the Kloosters’ wrongful attachment claim is based upon actions of the bank in wrongfully dispossessing them of the hogs, it is lacking in legal merit.”
Shirk Oil Co. v. Linsley, 166 N.W.2d 789 (Iowa 1969).
“Nor did we then have any statutory provision authorizing the seller’s recovery of the deficiency as provided in Uniform Conditional Sales Act, section 22.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.