[Code of Federal Regulations]

[Title 9, Volume 2]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 9CFR205.207]



[Page 68-69]

 

                  TITLE 9--ANIMALS AND ANIMAL PRODUCTS

 

  CHAPTER II--GRAIN INSPECTION, PACKERS AND STOCKYARDS ADMINISTRATION 

       (PACKERS AND STOCKYARDS PROGRAMS),DEPARTMENT OF AGRICULTURE

 

PART 205_CLEAR TITLE_PROTECTION FOR PURCHASERS OF FARM PRODUCTS--Table 

of Contents

 

Sec. 205.207  ``Amount'' and ``reasonable description of the property.''



    (a) The ``amount'' of farm products and ``reasonable description of 

the property including county or parish,''



[[Page 69]]



on an EFS and on the master list under subsections (c)(4)(D)(iv) and 

(2)(C)(iii), need not be shown on every EFS and master list entry.

    (b) Any EFS and master list entry will identify a product. If they 

do not show an amount, this constitutes a representation that all of 

such product owned by the person in question is subject to the security 

interest in question.

    (c) Any EFS and master list entry will identify each county or 

parish in the same State where the product is or is to be produced. If 

they do not show any further identification of the location of the 

product, this constitutes a representation that all such product 

produced in each such county or parish, owned by such person, is subject 

to the security interest.

    (d) The need to supply additional information arises only where some 

of that product owned by that person is subject to the security interest 

and some is not.

    (e) The additional information about amount and property must be 

sufficient to enable a reader of the information to identify what 

product owned by that person is subject, as distinguished from what of 

the same product owned by the same person is not subject. The precision 

needed, in the description of the amount and location, would vary from 

case to case.

    (f) The basis for this is the purpose of the entire exercise, to 

make information available as necessary to enable an identification of 

what product is subject to a security interest as distinguished from 

what is not.