Servicing and Liquidation of Chattel Security | Midpage

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Code of Federal Regulations

Subpart A

Servicing and Liquidation of Chattel Security

1962.1Purpose.1962.2Policy.1962.3Authorities and responsibilities.1962.4Definitions.1962.5[Reserved]1962.6Liens and assignments on chattel property.1962.7Securing unpaid balances on unsecured loans.1962.8Liens on real estate for additional security.1962.9-1962.12[Reserved]1962.13Notification to potential purchasers.1962.14Account and security information in UCC cases.1962.15[Reserved]1962.16Accounting by County Supervisor.1962.17Disposal of chattel security, use of proceeds and release of lien.1962.18Unapproved disposition of chattel security.1962.19Claims against Commodity Credit Corporation (CCC).1962.20-1952.25[Reserved]1962.26Correcting errors in security instruments.1962.27Termination or satisfaction of chattel security instruments.1962.28[Reserved]1962.29Payment of fees and insurance premiums.1962.30Subordination and waiver of liens on chattel security.1962.31-1962.33[Reserved]1962.34Transfer of chattel security and EO property and assumption of debts.1962.35-1962.39[Reserved]1962.40Liquidation.1962.41Sale of chattel security or EO property by borrowers.1962.42Repossession, care, and sale of chattel security or EO property by the County Supervisor.1962.43[Reserved]1962.44Distribution of liquidation sale proceeds.1962.45Reporting sales.1962.46Deceased borrowers.1962.47Bankruptcy and insolvency.1962.48[Reserved]1962.49Civil and criminal cases.1962.50[Reserved]Exhibit A to Subpart A of Part 1962Memorandum of Understanding Between Commodity Credit Corporation and Farmers Home Administration or its successor agency under Public Law 103-354 Exhibit B to Subpart A of Part 1962Memorandum of Understanding and Blanket Commodity Lien Waiver Exhibit C to Subpart A of Part 1962Memorandum of Understanding Between Farmers Home Administration or its successor agency under Public Law 103-354 and Commodity Credit Corporation Exhibits D - D-1 to Subpart A of Part 1962Exhibits D—D-1 to Subpart A of Part 1962 [Reserved]Exhibit E to Subpart A of Part 1962Releasing Security Sales Proceeds and Determining “Essential” Family Living and Farm Operating Expenses Exhibit F to Subpart A of Part 1962[Reserved]