This Article does not apply
a. to a security interest subject to any statute of the United States to the extent that such statute governs the rights of parties to and third parties affected by transactions in particular types of property; or
b. to a landlord's lien; or
c. to a lien given by statute or other rule of law for services or materials except as provided in section 554.9310 on priority of such liens; or
d. to a transfer of a claim for wages, salary or other compensation of an employee; or
e. to a transfer by a government or governmental subdivision or agency; or
f. to a sale of accounts or chattel paper as part of a sale of the business out of which they arose, or an assignment of accounts or chattel paper which is for the purpose of collection only, or a transfer of a right to payment under a contract to an assignee who is also to do the performance under the contract or a transfer of a single account to an assignee in whole or partial satisfaction of a pre-existing indebtedness; or
g. to a transfer of an interest or claim in or under any policy of insurance, except as provided with respect to proceeds (section 554.9306) and priorities in proceeds (section 554.9312); or
h. to a right represented by a judgment (other than a judgment taken on a right to payment which was collateral); or
i. to any right of setoff; or
j. except to the extent that provision is made for fixtures in section 554.9313, to the creation or transfer of an interest in or lien on real estate, including a lease or rents thereunder; or
k. to a transfer in whole or in part of any claim arising out of tort; or
l. to a transfer of an interest in any deposit account (section 554.9105, subsection 1), except as provided with respect to proceeds (section 554.9306) and priorities in proceeds (section 554.9312); or
m. to a transfer of an interest in a letter of credit other than the rights to proceeds of a written letter of credit.
[C51, § 1193; R60, § 2201; C73, § 1923; C97, § 2906; C24, 27, 31, 35, 39, § 10013; C46, 50, 54, 58, 62, § 556.1; C66, 71, 73, 75, 77, 79, 81, § 554.9104]
96 Acts, ch 1026, § 22, 23, 28
Referred to in § 15E.91, 16.26, 16A.9, 554.9102
Paragraph m and the 1996 amendment to paragraph l apply to letters of credit issued on or after July 1, 1996; see 96 Acts, ch 1026, § 28; for law applicable to letters of credit issued prior to July 1, 1996, see Code 1995
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