This legal document pertains to the adoption and implementation of filing-office rules by the office of secretary of state. The rules must be consistent with the Article and adopted and published in accordance with chapter 17A. The purpose of these rules is to harmonize the filing-office rules and practices with other jurisdictions that enact substantially the same part. The office of secretary of state is required to consult with filing offices in other jurisdictions, consider the Model Rules promulgated by the international association of corporate administrators or any successor organization, and take into consideration the rules, practices, and technology used by filing offices in other jurisdictions.

The office of secretary of state shall report annually on or before December 31 to the governor on the operation of the filing office. The report must contain a statement of the extent to which: 1.the filing-office rules are not in harmony with the rules of filing offices in other jurisdictions that enact substantially this part and the reasons for these variations; and 2.the filing-office rules are not in harmony with the most recent version of the Model Rules promulgated by the international association of corporate administrators, or any successor organization, and the reasons for these variations.

This legal document, part of the Iowa Code’s Uniform Commercial Code, governs the rights and actions of secured parties, debtors, obligors, consignors, and buyers of accounts, chattel paper, payment intangibles, or promissory notes after default. It grants secured parties the right to enforce their claims through judicial procedures and allows them to proceed either as to the documents or as to the goods they cover if the collateral is documents. Secured parties in possession or control of collateral have specific rights and duties.

This legal document, part of the Iowa Code’s Uniform Commercial Code, governs the rights and duties of debtors, obligors, and secured parties in commercial transactions. It outlines the rules that cannot be waived or varied by the debtor or obligor, including provisions related to the use and operation of collateral, requests for accounting and information about collateral, collection and enforcement of collateral, application and payment of noncash proceeds, accounting for surplus proceeds, taking possession of collateral without judicial process, disposition of collateral, calculation of deficiency or surplus, explanation of surplus or deficiency calculation, acceptance of collateral in satisfaction of obligation, redemption of collateral, permissible waivers, and secured party’s liability for non-compliance.

1.Agreed standards.The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the duties of a secured party under a rule stated in section 554.9602 if the standards are not manifestly unreasonable. 2.Agreed standards inapplicable to breach of peace.Subsection 1 does not apply to the duty under section 554.9609 to refrain from breaching the peace. 2000 Acts, ch 1149, 101, 187

This legal document, governed by the Iowa Code under the Uniform Commercial Code, outlines the procedure to be followed when a security agreement covers both personal and real property, or fixtures. If a security agreement covers both personal and real property, a secured party can proceed under this part for personal property without affecting their rights with respect to the real property. Alternatively, they can proceed with both personal and real property in accordance with the rights related to the real property, in which case the other provisions of this part do not apply.

This legal document, governed by the Iowa Code under the Uniform Commercial Code, outlines the duties of secured parties to unknown persons. Generally, a secured party does not owe a duty to a debtor or obligor unless they have knowledge of the person’s identity and how to communicate with them. Similarly, a secured party does not owe a duty to a secured party or lienholder unless they know the person is a debtor and know their identity.

For purposes of this part, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created. 2000 Acts, ch 1149, 104, 187

This section of the Iowa Code, specifically under the Uniform Commercial Code, governs the collection and enforcement actions that a secured party can take. It outlines the various actions that a secured party can undertake, such as notifying an account debtor or other obligated person to make payment or perform obligations for the benefit of the secured party. The section also allows the secured party to enforce the obligations of the account debtor or other obligated person and exercise the rights of the debtor with respect to the obligation and any collateral securing it.

This legal document, part of the Iowa Code’s Uniform Commercial Code, governs the application of proceeds, surplus, and deficiency when a security interest or agricultural lien secures payment or performance of an obligation. It outlines the order in which cash proceeds should be applied, including reasonable expenses of collection and enforcement, satisfaction of obligations secured by the security interest or agricultural lien, and satisfaction of obligations secured by any subordinate security interest or other lien.