Common use of Limitation on Clause in Contracts

Limitation on. ineffectiveness under subsections 1 and 3. To the extent that a term in a promissory note or in an agreement between an account debtor and a debtor which relates to a health care insurance receivable or general intangible or a rule of law, statute, or regulation described in subsection 3 would be effective under law other than this Article but is ineffective under subsection 1 or 3, the creation, attachment, or perfection of a security interest in the promissory note, health care insurance receivable, or general intangible:

Appears in 6 contracts

Samples: www.legis.iowa.gov, www.legis.iowa.gov, www.legis.iowa.gov

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