7 CFR 1421.413

§ 1421.413 Liens and waivers.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1421.413, § 1421.413 Liens and waivers, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/25713
Permanent ID: ys:prov:25713@1
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Full text

(a) DMAs performing MAL-related functions pursuant to the authority in this subpart must determine, to the same extent as required for MALs handled by FSA county offices, whether a lien on the peanuts exists by performing or obtaining a lien search for all peanuts to be pledged for each MAL, except that the cost associated with such lien search and any necessary lien waivers is borne by the DMA. If a lien exists, the DMA must obtain, on an approved CCC form, a signed waiver from each lienholder with an interest in any such lien. (b) [Reserved]

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.