reglab/housing_qa huggingface dataset:
IA Code § 554.9505 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.

554.9505 Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.   1. Use of terms other than debtor and secured party. A consignor, lessor, or other bailor of goods, a licensor, or a buyer of a payment intangible or promissory note may file a financing statement, or may comply with a statute or treaty described in section 554.9311, subsection 1, using the terms “consignor”, “consignee”, “lessor”, “lessee”, “bailor”, “bailee”, “licensor”, “licensee”, “owner”, “registered owner”, “buyer”, “seller”, or words of similar import, instead of the terms “secured party” and “debtor”.   2. Effect of financing statement under subsection 1. This part applies to the filing of a financing statement under subsection 1 and, as appropriate, to compliance that is equivalent to filing a financing statement under section 554.9311, subsection 2, but the filing or compliance is not of itself a factor in determining whether the collateral secures an obligation. If it is determined for another reason that the collateral secures an obligation, a security interest held by the consignor, lessor, bailor, licensor, owner, or buyer which attaches to the collateral is perfected by the filing or compliance.  2000 Acts, ch 1149, §76, 185, 187
IA Code § 554.9506 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9506 - Effect of errors or omissions.

554.9506 Effect of errors or omissions.   1. Minor errors and omissions. A financing statement substantially satisfying the requirements of this part is effective, even if it has minor errors or omissions, unless the errors or omissions make the financing statement seriously misleading.   2. Financing statement seriously misleading. Except as otherwise provided in subsection 3, a financing statement that fails sufficiently to provide the name of the debtor in accordance with section 554.9503, subsection 1, is seriously misleading.   3. Financing statement not seriously misleading. If a search of the records of the filing office under the debtor’s correct name, using the filing office’s standard search logic, if any, would disclose a financing statement that fails sufficiently to provide the name of the debtor in accordance with section 554.9503, subsection 1, the name provided does not make the financing statement seriously misleading.   4. Debtor’s correct name. For purposes of section 554.9508, subsection 2, the “debtor’s correct name” in subsection 3 means the correct name of the new debtor.  2000 Acts, ch 1149, §77, 185, 187  Referred to in §554.9507, 554.9508
IA Code § 554.9507 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9507 - Effect of certain events on effectiveness of financing statement.

554.9507 Effect of certain events on effectiveness of financing statement.   1. Disposition. A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed, or otherwise disposed of and in which a security interest or agricultural lien continues, even if the secured party knows of or consents to the disposition.   2. Information becoming seriously misleading. Except as otherwise provided in subsection 3 and section 554.9508, a financing statement is not rendered ineffective if, after the financing statement is filed, the information provided in the financing statement becomes seriously misleading under section 554.9506.   3. Change in debtor’s name. If the name that a filed financing statement provides for a debtor becomes insufficient as the name of the debtor under section 554.9503, subsection 1, so that the financing statement becomes seriously misleading under section 554.9506:   a. the financing statement is effective to perfect a security interest in collateral acquired by the debtor before, or within four months after, the filed financing statement becomes seriously misleading; and   b. the financing statement is not effective to perfect a security interest in collateral acquired by the debtor more than four months after the filed financing statement becomes seriously misleading, unless an amendment to the financing statement which renders the financing statement not seriously misleading is filed within four months after the financing statement became seriously misleading.  2000 Acts, ch 1149, §78, 185, 187; 2012 Acts, ch 1052, §16, 37  Referred to in §554.9508
IA Code § 554.9508 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9508 - Effectiveness of financing statement if new debtor becomes bound by security agreement.

554.9508 Effectiveness of financing statement if new debtor becomes bound by security agreement.   1. Financing statement naming original debtor. Except as otherwise provided in this section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral in which a new debtor has or acquires rights to the extent that the financing statement would have been effective had the original debtor acquired rights in the collateral.   2. Financing statement becoming seriously misleading. If the difference between the name of the original debtor and that of the new debtor causes a filed financing statement that is effective under subsection 1 to be seriously misleading under section 554.9506:   a. the financing statement is effective to perfect a security interest in collateral acquired by the new debtor before, and within four months after, the new debtor becomes bound under section 554.9203, subsection 4; and   b. the financing statement is not effective to perfect a security interest in collateral acquired by the new debtor more than four months after the new debtor becomes bound under section 554.9203, subsection 4, unless an initial financing statement providing the name of the new debtor is filed before the expiration of that time.   3. When section not applicable. This section does not apply to collateral as to which a filed financing statement remains effective against the new debtor under section 554.9507, subsection 1.  2000 Acts, ch 1149, §79, 187  Referred to in §554.9326, 554.9506, 554.9507
IA Code § 554.9509 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9509 - Persons entitled to file a record.

554.9509 Persons entitled to file a record.   1. Person entitled to file record. A person may file an initial financing statement, amendment that adds collateral covered by a financing statement, or amendment that adds a debtor to a financing statement only if:   a. the debtor authorizes the filing in an authenticated record or pursuant to subsection 2 or 3; or   b. the person holds an agricultural lien that has become effective at the time of filing and the financing statement covers only collateral in which the person holds an agricultural lien.   2. Security agreement as authorization. By authenticating or becoming bound as debtor by a security agreement, a debtor or new debtor authorizes the filing of an initial financing statement, and an amendment, covering:   a. the collateral described in the security agreement; and   b. property that becomes collateral under section 554.9315, subsection 1, paragraph “b”, whether or not the security agreement expressly covers proceeds.   3. Acquisition of collateral as authorization. By acquiring collateral in which a security interest or agricultural lien continues under section 554.9315, subsection 1, paragraph “a”, a debtor authorizes the filing of an initial financing statement, and an amendment, covering the collateral and property that becomes collateral under section 554.9315, subsection 1, paragraph “b”.   4. Person entitled to file certain amendments. A person may file an amendment other than an amendment that adds collateral covered by a financing statement or an amendment that adds a debtor to a financing statement only if:   a. the secured party of record authorizes the filing; or   b. the amendment is a termination statement for a financing statement as to which the secured party of record has failed to file or send a termination statement as required by section 554.9513, subsection 1 or 3, the debtor authorizes the filing, and the termination statement indicates that the debtor authorized it to be filed.   5. Multiple secured parties of record. If there is more than one secured party of record for a financing statement, each secured party of record may authorize the filing of an amendment under subsection 4.  2000 Acts, ch 1149, §80, 187  Referred to in §554.9510, 554.9512, 554.9518, 554.9625
IA Code § 554.9510 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9510 - Effectiveness of filed record.

554.9510 Effectiveness of filed record.   1. Filed record effective if authorized. A filed record is effective only to the extent that it was filed by a person that may file it under section 554.9509.   2. Authorization by one secured party of record. A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.   3. Continuation statement not timely filed. A continuation statement that is not filed within the six-month period prescribed by section 554.9515, subsection 4, is ineffective.  2000 Acts, ch 1149, §81, 187  Referred to in §554.9513, 554.9515
IA Code § 554.9511 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9511 - Secured party of record.

554.9511 Secured party of record.   1. Secured party of record. A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under section 554.9514, subsection 1, the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.   2. Amendment naming secured party of record. If an amendment of a financing statement which provides the name of a person as a secured party or a representative of a secured party is filed, the person named in the amendment is a secured party of record. If an amendment is filed under section 554.9514, subsection 2, the assignee named in the amendment is a secured party of record.   3. Amendment deleting secured party of record. A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.  2000 Acts, ch 1149, §82, 187
IA Code § 554.9512 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9512 - Amendment of financing statement.

554.9512 Amendment of financing statement.   1. Amendment of information in financing statement. Subject to section 554.9509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection 5, otherwise amend the information provided in, a financing statement by filing an amendment that:   a. identifies, by its file number, the initial financing statement to which the amendment relates; and   b. if the amendment relates to an initial financing statement filed or recorded in a filing office described in section 554.9501, subsection 1, paragraph “a”, provides the date and time that the initial financing statement was filed or recorded and the information specified in section 554.9502, subsection 2.   2. Period of effectiveness not affected. Except as otherwise provided in section 554.9515, the filing of an amendment does not extend the period of effectiveness of the financing statement.   3. Effectiveness of amendment adding collateral. A financing statement that is amended by an amendment that adds collateral is effective as to the added collateral only from the date of the filing of the amendment.   4. Effectiveness of amendment adding debtor. A financing statement that is amended by an amendment that adds a debtor is effective as to the added debtor only from the date of the filing of the amendment.   5. Certain amendments ineffective. An amendment is ineffective to the extent it:   a. purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or   b. purports to delete all secured parties of record and fails to provide the name of a new secured party of record.  2000 Acts, ch 1149, §83, 187  Referred to in §554.9109, 554.9516
IA Code § 554.9513 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9513 - Termination statement.

554.9513 Termination statement.   1. Consumer goods. A secured party shall cause the secured party of record for a financing statement to file a termination statement for the financing statement if the financing statement covers consumer goods and:   a. there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value; or   b. the debtor did not authorize the filing of the initial financing statement.   2. Time for compliance with subsection 1. To comply with subsection 1, a secured party shall cause the secured party of record to file the termination statement:   a. within one month after there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value; or   b. if earlier, within twenty days after the secured party receives an authenticated demand from a debtor.   3. Other collateral. In cases not governed by subsection 1, within twenty days after a secured party receives an authenticated demand from a debtor, the secured party shall cause the secured party of record for a financing statement to send to the debtor a termination statement for the financing statement or file the termination statement in the filing office if:   a. except in the case of a financing statement covering accounts or chattel paper that has been sold or goods that are the subject of a consignment, there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value;   b. the financing statement covers accounts or chattel paper that has been sold but as to which the account debtor or other person obligated has discharged its obligation;   c. the financing statement covers goods that were the subject of a consignment to the debtor but are not in the debtor’s possession; or   d. the debtor did not authorize the filing of the initial financing statement.   4. Effect of filing termination statement. Except as otherwise provided in section 554.9510, upon the filing of a termination statement with the filing office, the financing statement to which the termination statement relates ceases to be effective. Except as otherwise provided in section 554.9510, for purposes of section 554.9519, subsection 7, section 554.9522, subsection 1, and section 554.9523, subsection 3, the filing with the filing office of a termination statement relating to a financing statement that indicates that the debtor is a transmitting utility also causes the effectiveness of the financing statement to lapse.  2000 Acts, ch 1149, §84, 187  Referred to in §554.9315, 554.9509, 554.9625  Remedies for secured party’s failure to comply with Article; §554.9625
IA Code § 554.9514 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9514 - Assignment of powers of secured party of record.

554.9514 Assignment of powers of secured party of record.   1. Assignment reflected on initial financing statement. Except as otherwise provided in subsection 3, an initial financing statement may reflect an assignment of all of the secured party’s power to authorize an amendment to the financing statement by providing the name and mailing address of the assignee as the name and address of the secured party.   2. Assignment of filed financing statement. Except as otherwise provided in subsection 3, a secured party of record may assign of record all or part of its power to authorize an amendment to a financing statement by filing in the filing office an amendment of the financing statement which:   a. identifies, by its file number, the initial financing statement to which it relates;   b. provides the name of the assignor; and   c. provides the name and mailing address of the assignee.   3. Assignment of record of mortgage. An assignment of record of a security interest in a fixture covered by a record of a mortgage which is effective as a financing statement filed as a fixture filing under section 554.9502, subsection 3, may be made only by an assignment of record of the mortgage in the manner provided by law of this state other than this chapter.  2000 Acts, ch 1149, §85, 187  Referred to in §554.9511, 554.9516, 554.9519
IA Code § 554.9517 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9517 - Effect of indexing errors.

554.9517 Effect of indexing errors.   The failure of the filing office to index a record correctly does not affect the effectiveness of the filed record.  2000 Acts, ch 1149, §88, 187
IA Code § 554.9518 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9518 - Claim concerning inaccurate or wrongfully filed record.

554.9518 Claim concerning inaccurate or wrongfully filed record.   1. Statement with respect to record indexed under person’s name. A person may file in the filing office an information statement with respect to a record indexed there under the person’s name if the person believes that the record is inaccurate or was wrongfully filed.   2. Contents of statement under subsection 1. An information statement under subsection 1 must:   a. identify the record to which it relates by the file number assigned to the initial financing statement to which the record relates;   b. indicate that it is an information statement; and   c. provide the basis for the person’s belief that the record is inaccurate and indicate the manner in which the person believes the record should be amended to cure any inaccuracy or provide the basis for the person’s belief that the record was wrongfully filed.   3. Statement by secured party of record. A person may file in the filing office an information statement with respect to a record filed there if the person is a secured party of record with respect to the financing statement to which the record relates and believes that the person that filed the record was not entitled to do so under section 554.9509, subsection 4.   4. Contents of statement under subsection 3. An information statement under subsection 3 must:   a. identify the record to which it relates by the file number assigned to the initial financing statement to which the record relates;   b. indicate that it is an information statement; and   c. provide the basis for the person’s belief that the person that filed the record was not entitled to do so under section 554.9509, subsection 4.   5. Record not affected by information statement. The filing of an information statement does not affect the effectiveness of an initial financing statement or other filed record.  2000 Acts, ch 1149, §89, 187; 2012 Acts, ch 1052, §21, 37  Referred to in §554.9516  Remedies for secured party’s noncompliance with Article; §554.9625
IA Code § 554.9520 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9520 - Acceptance and refusal to accept record.

554.9520 Acceptance and refusal to accept record.   1. Mandatory refusal to accept record. A filing office shall refuse to accept a record for filing for a reason set forth in section 554.9516, subsection 2, and may refuse to accept a record for filing only for a reason set forth in section 554.9516, subsection 2.   2. Communication concerning refusal. If a filing office refuses to accept a record for filing, it shall communicate to the person that presented the record the fact of and reason for the refusal and the date and time the record would have been filed had the filing office accepted it. The communication must be made at the time and in the manner prescribed by filing-office rule but in no event more than two business days after the filing office receives the record.   3. When filed financing statement effective. A filed financing statement satisfying section 554.9502, subsections 1 and 2, is effective, even if the filing office is required to refuse to accept it for filing under subsection 1. However, section 554.9338 applies to a filed financing statement providing information described in section 554.9516, subsection 2, paragraph “e”, which is incorrect at the time the financing statement is filed.   4. Separate application to multiple debtors. If a record communicated to a filing office provides information that relates to more than one debtor, this part applies as to each debtor separately.  2000 Acts, ch 1149, §91, 187
IA Code § 554.9521 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9521 - Uniform form of written financing statement and amendment.

554.9521 Uniform form of written financing statement and amendment.   1. Initial financing statement form. A filing office that accepts written records may not refuse to accept a written initial financing statement in a form and format approved by the secretary of state by rule adopted pursuant to chapter 17A except for a reason set forth in section 554.9516, subsection 2. The forms shall be consistent with those set forth in the final official text of the 1999 revisions to Article 9 of the Uniform Commercial Code promulgated by the American law institute and the national conference of commissioners on uniform state laws.   2. Amendment form. A filing office that accepts written records may not refuse to accept a written amendment in a form and format approved by the secretary of state by rule adopted pursuant to chapter 17A except for a reason set forth in section 554.9516, subsection 2. The forms shall be consistent with those set forth in the final official text of the 1999 revisions to Article 9 of the Uniform Commercial Code promulgated by the American law institute and the national conference of commissioners on uniform state laws.  2000 Acts, ch 1149, §92, 187; 2002 Acts, ch 1119, §89
IA Code § 554.9522 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 554 - UNIFORM COMMERCIAL CODE|Section 554.9522 - Maintenance and destruction of records.

554.9522 Maintenance and destruction of records.   1. Post-lapse maintenance and retrieval of information. The filing office shall maintain a record of the information provided in a filed financing statement for at least one year after the effectiveness of the financing statement has lapsed under section 554.9515 with respect to all secured parties of record. The record must be retrievable by using the name of the debtor and:   a. if the record was filed or recorded in the filing office described in section 554.9501, subsection 1, paragraph “a”, by using the file number assigned to the initial financing statement to which the record relates and the date and time that the record was filed or recorded; or   b. if the record was filed in the filing office described in section 554.9501, subsection 1, paragraph “b”, by using the file number assigned to the initial financing statement to which the record relates.   2. Destruction of written records. Except to the extent that a statute governing disposition of public records provides otherwise, the filing office immediately may destroy any written record evidencing a financing statement. However, if the filing office destroys a written record, it shall maintain another record of the financing statement which complies with subsection 1.  2000 Acts, ch 1149, §93, 187  Referred to in §554.9513, 554.9523