SCHULTZ, Justice.
The question here is whether an assignment of a cash appearance bond was an absolute transfer or one intended to create a security interest. The district court held that the assignment, absolute on its face, was intended to create a security interest. It further ruled that a judgment lien creditor had priority over the assignee, under Iowa Code section 554.9301(1)(b) since the assignment was never perfected. We disagree and reverse.
The defendant...
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