Notice2024-18829
Submission for OMB Review; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
August 22, 2024
Issuing agencies
Agriculture Department
Full Text
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<title>Federal Register, Volume 89 Issue 163 (Thursday, August 22, 2024)</title>
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[Federal Register Volume 89, Number 163 (Thursday, August 22, 2024)]
[Notices]
[Pages 67929-67930]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-18829]
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DEPARTMENT OF AGRICULTURE
Submission for OMB Review; Comment Request
The Department of Agriculture has submitted the following
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13. Comments
are required regarding; whether the collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility; the
accuracy of the agency's estimate of burden including the validity of
the methodology and assumptions used; ways to enhance the quality,
utility and clarity of the information to be collected; and ways to
minimize the burden of the collection of information on those who are
to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology.
Comments regarding this information collection received September
23, 2024 will be considered. Written comments and recommendations for
the proposed information collection should be submitted within 30 days
of the publication of this notice on the following website
<a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular information
collection by selecting ``Currently under 30-day Review--Open for
Public Comments'' or by using the search function.
An agency may not conduct or sponsor a collection of information
unless the collection of information displays a currently valid OMB
control number and the agency informs potential persons who are to
respond to the collection of information that such persons are not
required to respond to the collection of information unless it displays
a currently valid OMB control number.
Farm Service Agency
Title: Representations for CCC and FSA Loans and Authorization to
File a Financing Statement and Related Documents Under the Revised
Article 9 of the Uniform Commercial Code.
OMB Control Number: 0560-0215.
Summary of Collection: Commodity Credit Corporation and the Farm
Service Agency (FSA) programs require loans be secured with collateral.
The security interest is created and attaches to the collateral when:
(1) Value has been given, (2) the debtor has rights in the collateral
or the power to transfer rights in the collateral, and (3) the debtor
has authenticated a security agreement that provides a description of
the collateral. In order to perfect the security interest in
collateral, a financing statement must be filed according to a State's
Uniform Commercial Code. The revised Article 9 of the Uniform
Commercial Code deals with secured transaction for personal property.
The revised Article 9 affects the way the CCC and FSA, as well as any
other creditor, perfect and liquidate security interests in collateral.
[[Page 67930]]
Need and Use of the Information: FSA will collect information using
form CCC-10, Representations for Commodity Credit Corporation or Farm
Service Agency Loans and Authorization to File a Financing Statement
and Related Documents. The information obtained on CCC-10 is needed to
not only obtain authorization from loan applicants to file a financing
statement without their signature, but also to verify the exact legal
name and location of the debtor. If this information is not collected,
CCC and FSA will not be able to disburse loans because a security
interest would not be perfected.
Description of Respondents: Farms; Individuals or households;
Business or other for-profit.
Number of Respondents: 3,734.
Frequency of Responses: Reporting; On occasion.
Total Burden Hours: 299.
Rachelle Ragland-Greene,
Departmental Information Collection Clearance Officer.
[FR Doc. 2024-18829 Filed 8-21-24; 8:45 am]
BILLING CODE 3410-05-P
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</html>Indexed from Federal Register on August 22, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.