{"data":{"id":"us-ia/iowa-code-554.9605","jurisdiction":"us-ia","citation":"Iowa Code § 554.9605","heading":"Unknown debtor or secondary obligor.","body":"1. Except as provided in subsection 2, a secured party does not owe a duty based on its status as secured party:\na. to a person that is a debtor or obligor, unless the secured party knows:\n(1) that the person is a debtor or obligor;\n(2) the identity of the person; and\n(3) how to communicate with the person; or\nb. to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:\n(1) that the person is a debtor; and\n(2) the identity of the person.\n2. A secured party owes a duty based on its status as a secured party to a person if, at the time the secured party obtains control of collateral that is a controllable account, controllable electronic record, or controllable payment intangible, or at the time the security interest attaches to the collateral, whichever is later:\na. the person is a debtor or obligor; and\nb. the secured party knows that the information in subsection 1, paragraph “a”, subparagraph (1), (2), or (3) relating to the person is not provided by the collateral, a record attached to or logically associated with the collateral, or the system in which the collateral is recorded.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 554 - UNIFORM COMMERCIAL CODE","Article 9 - SECURED TRANSACTIONS","Part 6 - DEFAULT","Subpart A - DEFAULT AND ENFORCEMENT OF SECURITY INTEREST"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/554.9605.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:15Z","sha256":"0ef5533b683fdc1d102571695f94f9dd652cf0256527d3ba4e30cd53e107f35e","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-554.9604","next":"us-ia/iowa-code-554.9606"},"notice":"GroundRules: Original legal text. Not legal advice."}