LegalFix
Sign In

§ 205.103 - EFS—minimum information.

Copy with citation
Copy as parenthetical citation

The minimum information necessary on an EFS is as follows:

Crop year unless every crop of the farm product in question, for the duration of the EFS, is to be subject to the particular security interest;

Farm product name (see §§ 205.106, 205.206);

Each county or parish in the same State where the farm product is produced or located;

Name and address of each person subjecting the farm product to the security interest, whether or not a debtor (see § 205.102);

Social security number or other approved unique identifier or, if other than a natural person, IRS taxpayer identification number or other approved unique identifier of each such person;

Further details of the farm product subject to the security interest if needed to distinguish it from other such product owned by the same person or persons but not subject to the particular security interest (see § 205.207); and

Secured party name and address.

A requirement of additional information on an EFS is discretionary with the State.

Whether to permit one EFS to reflect multiple products, or products in multiple counties, is discretionary with the State.

Previous Section
§ 205.102 - Name of person subjecting a farm product to a security interest, on EFS and master list—format.
Next Section
§ 205.104 - Registration of buyer, commission merchant, or selling agent—minimum information.