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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) The requirements for a system in subsection (c) are written as the definition of the term “central filing system,” so that failure of a system to meet any such requirement, either at the time of its establishment or later, will mean that it is not a “central filing system” as defined.
(b) The issue whether a system, after certification, is operating in compliance, thus whether it is a “central filing system” as defined, could be litigated and ruled on in a case involving only private parties, such as a lender and a buyer of a farm product. The only immediate effect of a finding in such a case, that a system is not a “central filing system” as defined, would be that the rights of the secured party in the case would be as if the State had no system. However, others would be in doubt as to whether they could safely rely on the same system.
Cite this article: FindLaw.com - Code of Federal Regulations Title 9. Animals and Animal Products § 9.205.214 Litigation as to whether a system is operating in compliance with the Section - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-9-animals-and-animal-products/cfr-sect-9-205-214/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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