554.9319 Rights and title of consignee with respect to creditors and purchasers. 1. Consignee has consignor’s rights. Except as otherwise provided in subsection 2, for purposes of determining the rights of creditors of, and purchasers for value of goods from, aconsignee, while the goods are in the possession of the consignee, the consignee is deemedto have rights and title to the goods identical to those the consignor had or had power totransfer. 2. Applicability of other law. For purposes of determining the rights of a creditor of a consignee, law other than this Article determines the rights and title of a consignee whilegoods are in the consignee’s possession if, under this part, a perfected security interest heldby the consignor would have priority over the rights of the creditor. 2000 Acts, ch 1149, §39, 187 Sat Dec 23 11:01:53 2023 Iowa Code 2024, Section 554.9319 (24, 0)
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