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§ 554.9522 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 554.9522

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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 afterthe effectiveness of the financing statement has lapsed under section 554.9515 with respect toall secured parties of record. The record must be retrievable by using the name of the debtorand: 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 financingstatement to which the record relates and the date and time that the record was filed orrecorded; 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 whichthe 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 destroyany written record evidencing a financing statement.

records. Except to the extent that a statute governing disposition of public records provides otherwise, the filing office immediately may destroyany written record evidencing a financing statement. However, if the filing office destroys awritten record, it shall maintain another record of the financing statement which complieswith subsection 1. 2000 Acts, ch 1149, §93, 187Referred to in §554.9513, 554.9523 Sat Dec 23 11:02:17 2023 Iowa Code 2024, Section 554.9522 (24, 0)