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Can you summarize IACO 554.9309?
UNIFORM COMMERCIAL CODE > Security interest perfected upon attachment.
Short Summary
This legal document, governed by the Iowa Code under the Uniform Commercial Code, outlines the types of security interests that are considered perfected upon attachment. It applies to various scenarios such as purchase-money security interests in consumer goods, assignments of accounts or payment intangibles, sales of payment intangibles or promissory notes, security interests created by the assignment of health care insurance receivables, and more. The document also references specific sections of the Iowa Code that provide further details on the attachment and enforceability of security interests. No exemptions or penalties are mentioned in this document.
Whom does it apply to?
Creditors and debtors involved in security interest transactions
What does it govern?
Security interests that are perfected upon attachment
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Iowa