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House Journal: Page 633: Wednesday, March 8, 2000

Absent or not voting, 9:
Carroll Chiodo Connors Drees
Jacobs O'Brien Parmenter Tyrrell
Whitead

 


The bill having received a constitutional majority was declared to
have passed the House and the title was agreed to.

House File 2513, a bill for an act providing for secured
transactions under the uniform commercial code, by adopting new
Article 9, eliminating conflicting provisions, and providing an
effective date, was taken up for consideration.

Shey of Linn offered the following amendment H(8245 filed by him
and Parmenter of Story and moved its adoption:

H-8245

1 Amend House File 2513 as follows:
2 1. Page 3, by striking lines 31 through 33 and
3 inserting the following: "respect to software used in
4 the goods. The term does not include (i) charters or
5 other contracts involving the use or hire of a vessel
6 or (ii) records that evidence a right to payment
7 arising out of the use of a credit or charge card or
8 information contained on or for use with the card. If
9 a transaction is evidenced by records that".
10 2. Page 11, line 25, by inserting after the words
11 ""Original debtor"" the following: ", except as used
12 in section 554.9310, subsection 3,".
13 3. Page 12, line 20, by inserting after the word
14 ""Proceeds"" the following: ", except as used in
15 section 554.9609, subsection 2,".
16 4. Page 46, line 34, by inserting after the word
17 "collateral" the following: "subject to a statute
18 specified in subsection 1, paragraph "b"".
19 5. Page 47, line 1, by striking the words "or
20 leasing".
21 6. Page 47, line 3, by striking the words "as
22 debtor".
23 7. Page 49, line 14, by striking the figure "4"
24 and inserting the following: "5".
25 8. Page 55, by striking lines 28 and 29 inserting
26 the following: "that becomes a lien creditor before
27 the earlier of the time:
28 (1) The security interest or agricultural lien is
29 perfected; or
30 (2) One of the conditions specified in section


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