Frequently Asked Questions

Agricultural Law

Federal Food Security Act

How does the Federal Food Security Act effect secured parties?

If you are a secured party having a security interest in a grower’s crops, and you discover the existence of a buyer, the Act provides a mechanism for you to provide notice of your secured interest to the buyer. In fact, any security agreement should include a provision where the borrower must disclose its current buyers, so that those buyers can be properly noticed.

 


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