554.10105 Secretary of state exempted from personal liability.
140 words·~1 min read·
/ia/chapter-554-uniform-commercial-code/554-10105A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. The secretary of state and the secretary’s employees or agents are hereby exempted from all personal liability as a result of errors or omissions in the performance of any duty required by the Uniform Commercial Code, as provided in this chapter, except in cases of willful negligence.
2. In the event of such error or omission the state of Iowa shall be liable in respect to such claims in the same manner, and to the same extent as a private individual under like circumstances.
3. Immunity of the state from suit and liability in such case is waived to the extent provided in chapter 669 and said chapter shall govern the extent of liability and the practice and procedure necessary to establish any liability of the state.
[C66, 71, 73, 75, 77, 79, 81, §554.10105]
Referred to in §554.11102