EFFECTIVE DATE OF 1974 AMENDMENTS

Iowa Code tit. XIII, ch. 554, art. 11

in effect

Iowa Code § 554.11101 Effective date.

554.11101. Effective date. Division 2 of 1974 Iowa Acts, ch. 1249, §9 to 72, the Iowa amendments to the Uniform Commercial Code pertaining primarily to security interests, and related amendments, shall become effective at 12:01 a.m. on January 1, 1975. [C75, 77, 79, 81, §554.11101] 2009 Acts, ch 41, §163; 2014 Acts, ch 1026, §143

Iowa Code § 554.11102 Preservation of old transition provision.

554.11102. Preservation of old transition provision. The provisions of Article 10 of this chapter, sections 554.10101, 554.10103, and 554.10105, shall continue to apply to this chapter as amended and for this purpose this chapter prior to amendment and this chapter as amended shall be considered one continuous statute. [C75, 77, 79, 81, §554.11102] 2009 Acts, ch 41, §164

Iowa Code § 554.11103 Transition to this chapter as amended — general rule.

554.11103. Transition to this chapter as amended — general rule. Transactions validly entered into after July 4, 1966, and before January 1, 1975, which were subject to the provisions of this chapter prior to amendment and which would be subject to this chapter as amended if they had been entered into on or after January 1, 1975, and the rights, duties and interests flowing from such transactions remain valid after January 1, 1975, and may be terminated, completed, consummated or enforced as required or permitted by this chapter as amended. Security interests arising out of such transactions which are perfected on January 1, 1975, shall remain perfected until they lapse or are terminated as provided in this chapter as amended, and may be continued as permitted by this chapter as amended. [C75, 77, 79, 81, §554.11103] 2003 Acts, ch 108, §104

Iowa Code § 554.11104 Transition provision on change of requirement of filing.

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]

Iowa Code § 554.11106

554.11106. Reserved.

Iowa Code § 554.11107 Transition provisions as to priorities.

554.11107. Transition provisions as to priorities. Except as otherwise provided in this Article, this chapter prior to amendment shall apply to any questions of priority if the positions of the parties were fixed prior to January 1, 1975. In other cases questions of priority shall be determined by this chapter as amended. [C75, 77, 79, 81, §554.11107]

Iowa Code § 554.11108 Presumption that rule of law continues unchanged.

554.11108. Presumption that rule of law continues unchanged. Unless a change in law has clearly been made, the provisions of this chapter as amended shall be deemed declaratory of the meaning of this chapter prior to amendment. [C75, 77, 79, 81, §554.11108] 2000 Acts, ch 1149, §155, 187

Iowa Code § 554.11109 Effect of official comments.

554.11109. Effect of official comments. To the extent that they are consistent with the Iowa statutory text, the 1972 Official Comments to the 1972 Official Text of the Uniform Commercial Code are evidence of legislative intent as to the meaning of this chapter as amended by 1974 Iowa Acts, ch.1249. However, prior drafts of the Official Text and Comments may not be used to ascertain legislative intent. [C75, 77, 79, 81, §554.11109] 2016 Acts, ch 1073, §160

Source: Iowa Legislature (legis.iowa.gov)URL: https://www.legis.iowa.gov/law/iowaCode/sections?codeChapter=554&year=2026Fetched: 10/20/2026