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7 CFR 1427.167

§ 1427.167 Liens.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 1427.167, § 1427.167 Liens, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/25798
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If there are any liens or encumbrances on the seed cotton tendered as collateral for a loan, waivers that fully protect the interest of CCC must be obtained even though the liens or encumbrances are satisfied from the loan proceeds. No additional liens or encumbrances shall be placed on the cotton after the loan is approved.

Legislative history

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