570A.5 Priority of lien. Except as provided in this section, an agricultural supply dealer lien that is effective or perfected as provided in section 570A.4 shall be subject to the rules of priority as providedin section 554.9322. For an agricultural supply dealer lien that is perfected under section570A.4, all of the following shall apply: 1. The lien shall have priority over a lien or security interest that applies subsequent to the time that the agricultural supply dealer lien is perfected. 2. Except as provided in section 570A.2, subsection 3, the lien shall have equal priority to a lien or security interest which is perfected prior to the time that the agricultural supplydealer lien is perfected. However, a landlord’s lien that is perfected pursuant to section 570.1shall have priority over a conflicting agricultural supply dealer lien as provided in section570.1, and a harvester’s lien that is perfected pursuant to section 571.3 shall have priorityover a conflicting agricultural supply dealer lien as provided in section 571.3A. 3. A lien in livestock feed shall have priority over an earlier perfected lien or security interest to the extent of the difference between the tural supply dealer lien as provided in section 571.3A. 3. A lien in livestock feed shall have priority over an earlier perfected lien or security interest to the extent of the difference between the acquisition price of the livestock and thefair market value of the livestock at the time the lien attaches or the sale price of the livestock,whichever is greater. 84 Acts, ch 1072, §5; 2003 Acts, ch 82, §6; 2004 Acts, ch 1086, §92, 93 Sat Dec 23 11:07:36 2023 Iowa Code 2024, Section 570A.5 (15, 0)
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