9 CFR 205.102 – Name of person subjecting a farm product to a security interest, on EFS and master list–format
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On an EFS, and on a master list, the name of the person subjecting a farm product to a security interest must appear as follows:
Terms Used In 9 CFR 205.102
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(a) In the case of a natural person, the surname (last name or family name) must appear first;
(b) In the case of a corporation or other entity not a natural person, the name must appear beginning with the first word or character not an article or punctuation mark.