626.39 Statement of amount due. The secured party, before receiving the money tendered to the party by the attaching or execution creditor or which was deposited with the clerk, shall state by a signedmemorandum the amount due or to become due and deliver the same along with the securityagreement, unless it has been filed as the financing statement, to the person paying the saidamount or the clerk with whom the deposit is made, and the secured party shall only receivethe amount so stated to be due, and the surplus, if any, shall be returned to the personmaking the deposit. [C97, §3984; C24, 27, 31, 35, 39, §11687; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §626.39] Sat Dec 23 11:21:19 2023 Iowa Code 2024, Section 626.39 (16, 0)
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