579B.1 Definitions. As used in this chapter, unless the context otherwise requires: 1. “Commodity” means livestock, raw milk, or a crop. 2. “Continuous arrival” means the arrival of livestock at a contract livestock facility on a monthly basis or more frequently as provided in a production contract. 3. “Contract crop field” means farmland where a […]
579B.2 Lien depends upon production contracts. 1. A lien established under section 579B.3 depends upon the execution of a production contract that provides for producing a commodity owned by a contractor by a contract producer at the contract producer’s contract operation. 2. A production contract is executed when it is signed or orally agreed to […]
579B.3 Establishment of lien. 1. A commodity production contract lien is created. The lien is an agricultural lien as provided in section 554.9302. 2. A contract producer who is a party to a production contract executed pursuant to section 579B.2 shall have a lien as provided in this section. The contract producer is a secured […]
579B.4 Perfecting the lien — filing requirements — priority. 1. A commodity production contract lien becomes effective and is perfected as follows: a. For a lien arising out of producing livestock or raw milk, the lien becomes effective the day that the livestock first arrives at the contract livestock facility. In order to perfect the […]
579B.5 Enforcement. Before a commodity leaves the authority of the contract producer as provided in section 579B.3, the contract producer may enforce a lien created in that section in the manner provided for the enforcement of an agricultural lien as provided in chapter 554, article 9, part 6. After the commodity is no longer under […]
579B.6 Waivers unenforceable. A waiver of a right created by this chapter, including but not limited to a waiver of the right to file a lien pursuant to this chapter, is void and unenforceable. This section does not affect other provisions of a contract, including a production contract or a related document, policy, or agreement […]
579B.7 Alternate lien procedure. A person who is a custom cattle feedlot operator as defined in section 579A.1 may file and enforce a lien as a contract producer under this chapter or chapter 579A, but not both. 99 Acts, ch 169, §20, 22, 24