Go to previous versions
of
this Section
2022 Iowa Code
Title XIII - COMMERCE
Chapter 554 - UNIFORM COMMERCIAL CODE
Section 554.13307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
Universal Citation: IA Code § 554.13307 (2022)
554.13307 Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
1. Except as otherwise provided in section 554.13306, a creditor of a lessee takes subject to the lease contract.
2. Except as otherwise provided in subsection 3 and in sections 554.13306 and 554.13308, a creditor of a lessor takes subject to the lease contract unless the creditor holds a lien that attached to the goods before the lease contract became enforceable.
3. Except as otherwise provided in sections 554.9317, 554.9321, and 554.9323, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
94 Acts, ch 1052, §41; 2000 Acts, ch 1149, §158, 187
Disclaimer: These codes may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
