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Can you summarize IACO 554.9102?
UNIFORM COMMERCIAL CODE > Definitions and index of definitions.
Short Summary
This legal document is part of the Iowa Code and falls under the Uniform Commercial Code, specifically Article 9. It provides definitions for various terms used in commercial transactions. The document covers definitions related to goods, accounts, agricultural liens, fixtures, consignments, consumer goods, and more. It also includes definitions from other articles of the Uniform Commercial Code that are applicable to this Article. The document does not mention any specific penalties for non-compliance. It is important for persons involved in commercial transactions to understand these definitions to ensure compliance with the relevant laws and regulations.
Whom does it apply to?
Persons involved in commercial transactions
What does it govern?
Uniform Commercial Code, specifically Article 9
What are exemptions?
Chattel paper, commercial tort claims, deposit accounts, investment property, letter-of-credit rights or letters of credit, rights to payment for money or funds advanced or sold, and rights to payment evidenced by an instrument
What are the Penalties?
No penalties mentioned
Jurisdiction
Iowa