The following security interests are perfected when they attach:
 1. a purchase-money security interest in consumer goods, except as otherwise provided in section 554.9311, subsection 2, with respect to consumer goods that are subject to a statute or treaty described in section 554.9311, subsection 1;

Terms Used In Iowa Code 554.9309

  • Account: means the same as defined in section 554. See Iowa Code 554E.1
  • Decedent: A deceased person.
  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • Investment property: means the same as defined in section 554. See Iowa Code 554E.1
  • Payment intangible: means the same as defined in section 554. See Iowa Code 554E.1
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
  • Sale: means any sale, offer for sale, or attempt to sell or lease any land, to the public in this state, for cash or on credit. See Iowa Code 543C.1
  • Statute: A law passed by a legislature.
 2. an assignment of accounts or payment intangibles which does not by itself or in conjunction with other assignments to the same assignee transfer a significant part of the assignor’s outstanding accounts or payment intangibles;
 3. a sale of a payment intangible;
 4. a sale of a promissory note;
 5. a security interest created by the assignment of a health care insurance receivable to the provider of the health care goods or services;
 6. a security interest arising under section 554.2401, 554.2505, 554.2711, subsection 3, or section 554.13508, subsection 5, until the debtor obtains possession of the collateral;
 7. a security interest of a collecting bank arising under section 554.4210;
 8. a security interest of an issuer or nominated person arising under section 554.5118;
 9. a security interest arising in the delivery of a financial asset under section 554.9206, subsection 3;
 10. a security interest in investment property created by a broker or securities intermediary;
 11. a security interest in a commodity contract or a commodity account created by a commodity intermediary;
 12. an assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; and
 13. a security interest created by an assignment of a beneficial interest in a decedent‘s estate.
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