Iowa Code 554.9501 – Filing office
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Iowa Code 554.9501
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
554.9501 Filing office.
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
What constitutes filing, §554.9516
Duties and operation of filing office, §554.9519 – 554.9527
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
What constitutes filing, §554.9516
Duties and operation of filing office, §554.9519 – 554.9527