554.9308 When security interest or agricultural lien is perfected — continuity of perfection. 1. Perfection of security interest. Except as otherwise provided in this section and section 554.9309, a security interest is perfected if it has attached and all of the applicablerequirements for perfection in sections 554.9310, 554.9311, 554.9312, 554.9313, 554.9314,554.9315, and 554.9316 have been satisfied. A security interest is perfected when it attachesif the applicable requirements are satisfied before the security interest attaches. 2. Perfection of agricultural lien. An agricultural lien is perfected if it has become effective and all of the applicable requirements for perfection in section 554.9310 havebeen satisfied. An agricultural lien is perfected when it becomes effective if the applicablerequirements are satisfied before the agricultural lien becomes effective. 3. Continuous perfection — perfection by different methods. A security interest or agricultural lien is perfected continuously if it is originally perfected by one methodunder this Article and is later perfected by another method under this Article, without anintermediate period when it was unperfected. 4. ected continuously if it is originally perfected by one methodunder this Article and is later perfected by another method under this Article, without anintermediate period when it was unperfected. 4. Supporting obligation. Perfection of a security interest in collateral also perfects a security interest in a supporting obligation for the collateral. 5. Lien securing right to payment. Perfection of a security interest in a right to payment or performance also perfects a security interest in a security interest, mortgage, or other lienon personal or real property securing the right. 6. Security entitlement carried in securities account. Perfection of a security interest in a securities account also perfects a security interest in the security entitlements carried in thesecurities account. 7. Commodity contract carried in commodity account. Perfection of a security interest in a commodity account also perfects a security interest in the commodity contracts carriedin the commodity account. 8. Controllable account or payment intangible. Perfection of a security interest in a controllable electronic record that evidences a controllable account or controllable paymentintangible also ount. 8. Controllable account or payment intangible. Perfection of a security interest in a controllable electronic record that evidences a controllable account or controllable paymentintangible also perfects a security interest in the controllable account or controllablepayment intangible. 2000 Acts, ch 1149, §28, 185, 187; 2022 Acts, ch 1117, §25Referred to in §554.9109, 554.9306, 554.9310, 554.9312, 570.1, 570A.4, 571.3, 579A.2, 579B.4, 581.3, 717.4Effectiveness, attachment, and enforceability of security interests, see §554.9201 – 554.9206 Sat Dec 23 11:01:47 2023 Iowa Code 2024, Section 554.9308 (26, 0)
Iowa Legal Code