1. In order to preserve a lien created pursuant to section 579B.3, a contract producer must file in the office of the secretary of state a lien statement on a form prescribed by the secretary of state. If the lien arises out of producing livestock or raw milk, the contract producer must file the lien within forty-five days after the day that the livestock first arrives at the contract livestock facility. If the lien arises out of producing a crop, the contract producer must file the lien within forty-five days after the day that the crop is first planted. The secretary of state shall charge a fee of not more than ten dollars for filing the statement. The secretary of state may adopt rules pursuant to chapter 17A for the electronic filing of the statements.
2. The statement must include all of the following:
a. An estimate of the amount owed pursuant to the production contract.
b. The date when the livestock arrives at the contract livestock facility or the date when the crop was planted.
c. The estimated duration of the period when the commodity will be under the authority of the contract producer.
d. The name of the party to the production contract whose commodity is produced pursuant to the production contract.
e. The description of the location of the contract operation, by county and township.
f. The printed name and signature of the person filing the form.
3. Except as provided in chapter 581, a lien created under section 579B.3 and a lien preserved under this section are superior to and shall have priority over a conflicting lien or security interest in the commodity, including a lien or security interest that was perfected prior to the creation of the lien under this chapter.
99 Acts, ch 169, §17, 22, 24; 2000 Acts, ch 1154, §35
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