Text: H08244                            Text: H08246
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Bills and Amendments: General Index     Bill History: General Index



House Amendment 8245

Amendment Text

PAG LIN
  1  1    Amend House File 2513 as follows:
  1  2    #1.  Page 3, by striking lines 31 through 33 and
  1  3 inserting the following:  "respect to software used in
  1  4 the goods.  The term does not include (i) charters or
  1  5 other contracts involving the use or hire of a vessel
  1  6 or (ii) records that evidence a right to payment
  1  7 arising out of the use of a credit or charge card or
  1  8 information contained on or for use with the card.  If
  1  9 a transaction is evidenced by records that".
  1 10    #2.  Page 11, line 25, by inserting after the words
  1 11 ""Original debtor"" the following:  ", except as used
  1 12 in section 554.9310, subsection 3,".
  1 13    #3.  Page 12, line 20, by inserting after the word
  1 14 ""Proceeds"" the following:  ", except as used in
  1 15 section 554.9609, subsection 2,".
  1 16    #4.  Page 46, line 34, by inserting after the word
  1 17 "collateral" the following:  "subject to a statute
  1 18 specified in subsection 1, paragraph "b"".
  1 19    #5.  Page 47, line 1, by striking the words "or
  1 20 leasing".
  1 21    #6.  Page 47, line 3, by striking the words "as
  1 22 debtor".
  1 23    #7.  Page 49, line 14, by striking the figure "4"
  1 24 and inserting the following:  "5".
  1 25    #8.  Page 55, by striking lines 28 and 29 inserting
  1 26 the following:  "that becomes a lien creditor before
  1 27 the earlier of the time:
  1 28    (1)  The security interest or agricultural lien is
  1 29 perfected; or
  1 30    (2)  One of the conditions specified in section
  1 31 554.9203, subsection 2, paragraph "c" is met and a".
  1 32    #9.  Page 82, line 25, by striking the word
  1 33 "general" and inserting the following:  "payment".
  1 34    #10.  Page 95, line 20, by inserting after the word
  1 35 "record" the following:  "or pursuant to subsection 2
  1 36 or 3".
  1 37    #11.  Page 99, line 26, by inserting after the word
  1 38 "effective." the following:  "Except as otherwise
  1 39 provided in section 554.9510, for purposes of section
  1 40 554.9519, subsection 7, section 554.9522, subsection
  1 41 1, and section 554.9523, subsection 3, the filing with
  1 42 the filing office of a termination statement relating
  1 43 to a financing statement that indicates that the
  1 44 debtor is a transmitting utility also causes the
  1 45 effectiveness of the financing statement to lapse."
  1 46    #12.  Page 111, by striking lines 6 through 8 and
  1 47 inserting the following:  "services for that office.
  1 48 The rule must set the fees for filing and".
  1 49    #13.  Page 111, by striking lines 16 through 18 and
  1 50 inserting the following:  "authorized by the secretary
  2  1 of state's office, the record must be no more than
  2  2 half the amount of".
  2  3    #14.  Page 119, lines 13 and 14, by striking the
  2  4 words "this section" and inserting the following:
  2  5 "section 554.9607".
  2  6    #15.  Page 120, line 1, by striking the words "this
  2  7 section" and inserting the following:  "section
  2  8 554.9607".
  2  9    #16.  Page 124, line 9, by striking the word "sale"
  2 10 and inserting the following:  "disposition".
  2 11    #17.  Page 127, line 15, by inserting after the
  2 12 word "disposition" the following:  "under section
  2 13 554.9610".
  2 14    #18.  Page 128, line 12, by striking the words
  2 15 "this section" and inserting the following:  "section
  2 16 554.9610".
  2 17    #19.  Page 138, lines 27 and 28, by striking the
  2 18 words "with a request under section 554.9210".
  2 19    #20.  Page 140, line 14, by inserting before the
  2 20 word "statement" the following:  "list or".
  2 21    #21.  Page 144, line 14, by striking the word and
  2 22 figure "and 554.9708" and inserting the following:
  2 23 "554.9708, and 554.9709".
  2 24    #22.  Page 148, by inserting after line 24 the
  2 25 following:
  2 26    "Sec.    .  NEW SECTION.  554.9707  AMENDMENT OF
  2 27 PRE-EFFECTIVE-DATE FINANCING STATEMENT.
  2 28    1.  PRE-EFFECTIVE-DATE FINANCING STATEMENT.  In
  2 29 this section, "pre-effective-date financing statement"
  2 30 means a financing statement filed before this Act
  2 31 takes effect.
  2 32    2.  APPLICABLE LAW.  After this Act takes effect, a
  2 33 person may add or delete collateral covered by,
  2 34 continue or terminate the effectiveness of, or
  2 35 otherwise amend the information provided in, a pre-
  2 36 effective-date financing statement only in accordance
  2 37 with the law of the jurisdiction governing perfection
  2 38 as provided in part 3.  However, the effectiveness of
  2 39 pre-effective-date financing statement also may be
  2 40 terminated in accordance with the law of the
  2 41 jurisdiction in which the financing statement is
  2 42 filed.
  2 43    3.  METHOD OF AMENDING – GENERAL RULE.  Except as
  2 44 otherwise provided in subsection 4, if the law of this
  2 45 state governs perfection of a security interest, the
  2 46 information in a pre-effective-date financing
  2 47 statement may be amended after this Act takes effect
  2 48 only if:
  2 49    a.  The pre-effective-date financing statement and
  2 50 an amendment are filed in the office specified in
  3  1 section 554.9501; or
  3  2    b.  An amendment is filed in the office specified
  3  3 in section 554.9501 concurrently with, or after the
  3  4 filing in that office of, an initial financing
  3  5 statement that satisfies section 554.9706, subsection
  3  6 3; or
  3  7    c.  An initial financing statement that provides
  3  8 the information as amended and satisfies section
  3  9 554.9706, subsection 3 is filed in the office
  3 10 specified in section 554.9501.
  3 11    4.  METHOD OF AMENDING – CONTINUATION.  If the law
  3 12 of this state governs perfection of a security
  3 13 interest, the effectiveness of a pre-effective-date
  3 14 financing statement may be continued only under
  3 15 section 554.9705, subsections 4 and 6 or section
  3 16 554.9706.
  3 17    5.  METHOD OF AMENDING – ADDITIONAL TERMINATION
  3 18 RULE.  Whether or not the law of this state governs
  3 19 perfection of a security interest, the effectiveness
  3 20 of a pre-effective-date financing statement filed in
  3 21 this state may be terminated after this Act takes
  3 22 effect by filing a termination statement in the office
  3 23 in which the pre-effective-date financing statement is
  3 24 filed, unless an initial financing statement that
  3 25 satisfies section 554.9706, subsection 3, has been
  3 26 filed in the office specified by the law of the
  3 27 jurisdiction governing perfection as provided in part
  3 28 3 as the office in which to file a financing
  3 29 statement."
  3 30    #23.  Page 148, line 25, by striking the figure
  3 31 "554.9707" and inserting the following:  "554.9708".
  3 32    #24.  Page 148, line 35, by striking the figure
  3 33 "554.9708" and inserting the following:  "554.9709".
  3 34    #25.  Page 149, line 16, by striking the figure
  3 35 "554.9709" and inserting the following:  "554.9710".
  3 36    #26.  By renumbering as necessary.  
  3 37 
  3 38 
  3 39                               
  3 40 SHEY of Linn
  3 41 
  3 42 
  3 43                               
  3 44 PARMENTER of Story
  3 45 HF 2513.201 78
  3 46 da/gg
     

Text: H08244                            Text: H08246
Text: H08200 - H08299                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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