Iowa Code 554.11104 – Transition provision on change of requirement of filing
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Terms Used In Iowa Code 554.11104
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
554.11104 Transition provision on change of requirement of filing.
A security interest for the perfection of which filing or the taking of possession was required
under this chapter prior to amendment and which attached prior to January 1, 1975, but was not perfected shall be deemed perfected on January 1, 1975, if this chapter as amended permits perfection without filing or the taking of possession, or authorizes filing in the office or offices where a prior ineffective filing was made.
[C75, 77, 79, 81, §554.11104]
A security interest for the perfection of which filing or the taking of possession was required
under this chapter prior to amendment and which attached prior to January 1, 1975, but was not perfected shall be deemed perfected on January 1, 1975, if this chapter as amended permits perfection without filing or the taking of possession, or authorizes filing in the office or offices where a prior ineffective filing was made.
[C75, 77, 79, 81, §554.11104]