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§ 554.9337 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 554.9337

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554.9337 Priority of security interests in goods covered by certificate of title. If, while a security interest in goods is perfected by any method under the law of another jurisdiction, this state issues a certificate of title that does not show that the goods are subjectto the security interest or contain a statement that they may be subject to security interestsnot shown on the certificate: 1. a buyer of the goods, other than a person in the business of selling goods of that kind, takes free of the security interest if the buyer gives value and receives delivery of the goodsafter issuance of the certificate and without knowledge of the security interest; and 2. the security interest is subordinate to a conflicting security interest in the goods that attaches, and is perfected under section 554.9311, subsection 2, after issuance of thecertificate and without the conflicting secured party’s knowledge of the security interest. 2000 Acts, ch 1149, §57, 187 Sat Dec 23 11:02:02 2023 Iowa Code 2024, Section 554.9337 (24, 0)