Text: S05338                            Text: S05340
Text: S05300 - S05399                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index



Senate Amendment 5339

Amendment Text

PAG LIN
  1  1    Amend House File 2513, as amended, passed, and
  1  2 reprinted by the House, as follows:
  1  3    #1.  Page 74, line 16, by striking the word "A" and
  1  4 inserting the following:  "Except as provided in
  1  5 subsection 10, a".
  1  6    #2.  Page 74, by striking lines 21 and 22, and
  1  7 inserting the following:
  1  8    "10.  AGRICULTURAL LIENS PREVAIL.  The provisions
  1  9 of this Article regarding agricultural liens prevail
  1 10 over any inconsistent provisions of subsection 9."
  1 11    #3.  Page 173, by inserting after line 28, the
  1 12 following:
  1 13    "Sec.    .  Section 570.1, Code 1999, is amended to
  1 14 read as follows:
  1 15    570.1  LIEN CREATED – PROPERTY SUBJECTED.
  1 16    1.  A landlord shall have a lien for the rent upon
  1 17 all crops grown upon the leased premises, and upon any
  1 18 other personal property of the tenant which has been
  1 19 used or kept thereon during the term and which is not
  1 20 exempt from execution.
  1 21    2.  In order to perfect a lien in farm products as
  1 22 defined in section 554.9102, which is created under
  1 23 this section, a landlord must file a financing
  1 24 statement as required by section 554.9308, subsection
  1 25 2.  Except as provided in chapters 571, 572, 579A,
  1 26 579B, and 581, a perfected lien in the farm products
  1 27 has priority over a conflicting security interest or
  1 28 lien, including a security interest or lien that was
  1 29 perfected prior to the creation of the lien under this
  1 30 section, if the lien created in this section is
  1 31 perfected on either of the following dates:
  1 32    a.  Prior to July 1, 2001.
  1 33    b.  When the debtor takes possession of the leased
  1 34 premises or within twenty days after the debtor takes
  1 35 possession of the leased premises.
  1 36    A financing statement filed to perfect a lien in
  1 37 the farm products must include a statement that it is
  1 38 filed for the purpose of perfecting a landlord's lien.
  1 39 Within twenty days after a landlord who has filed a
  1 40 financing statement receives a written demand,
  1 41 authenticated as provided in Article 9 of chapter 554,
  1 42 from a tenant, the landlord shall file a termination
  1 43 statement, if the lien in the farm products has
  1 44 expired or if the tenant is no longer in possession of
  1 45 the leased premises and has performed all obligations
  1 46 under the lease."
  1 47    #4.  By renumbering as necessary.  
  1 48 
  1 49 
  1 50                               
  2  1 LARRY McKIBBEN
  2  2 HF 2513.507 78
  2  3 da/as
     

Text: S05338                            Text: S05340
Text: S05300 - S05399                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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