Terms Used In Iowa Code 554.9606

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Statute: A law passed by a legislature.
554.9606 Time of default for agricultural lien.
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