This legal document, governed by the Iowa Code under the Uniform Commercial Code, pertains to the transfer of record or legal title. It defines a ’transfer statement’ as a record authenticated by a secured party that states the debtor’s default, the secured party’s exercise of post-default remedies, the acquisition of the debtor’s rights by a transferee, and the relevant parties’ names and addresses. The transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the specified collateral.

This legal document, part of the Iowa Code’s Uniform Commercial Code, governs the acceptance of collateral in full or partial satisfaction of an obligation. It outlines the conditions under which a secured party may accept collateral, including obtaining the debtor’s consent and not receiving any objections from other interested parties. The document also specifies that if the collateral is consumer goods, it should not be in the possession of the debtor at the time of acceptance.

This legal document, governed by the Iowa Code under the Uniform Commercial Code, outlines the requirements for accepting collateral in full or partial satisfaction of an obligation secured by a secured party. The document specifies the persons to whom the proposal to accept collateral must be sent, including those who have previously claimed an interest in the collateral, other secured parties or lienholders with a security interest or lien on the collateral, and other secured parties who have complied with specific statutes, regulations, or treaties.

1.Effect of acceptance.A secured partys acceptance of collateral in full or partial satisfaction of the obligation it secures: a.discharges the obligation to the extent consented to by the debtor; b.transfers to the secured party all of a debtors rights in the collateral; c.discharges the security interest or agricultural lien that is the subject of the debtors consent and any subordinate security interest or other subordinate lien; and d.terminates any other subordinate interest.

1.Persons that may redeem.A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral. 2.Requirements for redemption.To redeem collateral, a person shall tender: a.fulfillment of all obligations secured by the collateral; and b.the reasonable expenses and attorneys fees described in section 554.9615, subsection 1, paragraph a. 3.When redemption may occur.A redemption may occur at any time before a secured party: a.has collected collateral under section 554.9607; b.

1.Waiver of disposition notification.A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 554.9611 only by an agreement to that effect entered into and authenticated after default. 2.Waiver of mandatory disposition.A debtor may waive the right to require disposition of collateral under section 554.9620, subsection 5, only by an agreement to that effect entered into and authenticated after default. 3.Waiver of redemption right.Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under section 554.

This legal document, governed by the Iowa Code, specifically the Uniform Commercial Code, outlines the remedies available when a secured party fails to comply with the provisions of the Article. It states that a court may order or restrain collection, enforcement, or disposition of collateral if a secured party is not proceeding in accordance with the Article. The document also establishes liability for damages caused by noncompliance, including loss resulting from the debtor’s inability to obtain alternative financing.

This legal document, found in the Iowa Code under the Uniform Commercial Code, pertains to actions arising from transactions where the amount of deficiency or surplus is in issue. It applies to transactions other than consumer transactions. The document outlines the rules that apply in such cases. It states that a secured party does not need to prove compliance with certain provisions unless their compliance is placed in issue by the debtor or a secondary obligor.

This legal document, found in the Iowa Code under the Commerce section and the Uniform Commercial Code, discusses the determination of whether conduct was commercially reasonable. It provides guidelines for secured parties, creditors, and assignees for the benefit of creditors to establish that their collection, enforcement, disposition, or acceptance of collateral was made in a commercially reasonable manner. The document states that the fact that a greater amount could have been obtained by a different method or at a different time does not preclude the secured party from proving commercial reasonableness.

This legal document governs the nonliability and limitation on liability of a secured party, specifically regarding the liability of a secondary obligor. It outlines the circumstances under which a secured party is not liable for failure to comply with the provisions of this Article. The document also specifies that a secured party’s failure to comply does not affect the liability of the person for a deficiency. It further discusses the limitation of liability based on the secured party’s knowledge of the debtor or obligor’s identity and how to communicate with them.