[Federal Register Volume 71, Number 33 (Friday, February 17, 2006)]
[Notices]
[Pages 8563-8564]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-2306]


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DEPARTMENT OF AGRICULTURE

Grain Inspection, Packers and Stockyards Administration


Amendment to Certification of Louisiana's Central Filing System

AGENCY: Grain Inspection, Packers and Stockyards Administration, USDA.

ACTION: Notice.

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SUMMARY: In response to a request from Louisiana's Secretary of State 
we are approving the amendments to the signature and property 
description requirements of the certified central filing system for 
Louisiana.

DATES: Effective Date: February 13, 2006.

SUPPLEMENTARY INFORMATION: The Grain Inspection, Packers and Stockyards 
Administration (GIPSA) administers the Clear Title program for the 
Secretary of Agriculture. The Clear Title program is authorized by 
Section 1324 of the Food Security Act of 1985 and requires that States 
implementing central filing system for notification of liens on farm 
products must have such systems certified by the Secretary of 
Agriculture.
    A listing of the states with certified central filing systems is 
available through the Internet on the GIPSA Web site (http://www.usda.gov/gipsa/). Farm products covered by a State's central

[[Page 8564]]

filing system are also identified through the GIPSA web site. The 
Louisiana central filing system covers all farm products.
    We originally certified the central filing system for Louisiana on 
December 30, 1986. On July 22, 2004, Janice Newton, Commercial Division 
Manager, Office of Secretary of State, Louisiana, requested the 
certification be amended to make changes related to electronic filing, 
effective filing statement content, and central filing system procedure 
necessitated or made possible by amendments to Section 1324 of the Food 
Security Act, which, among other things, permit effective financing 
statements to be signed, authorized, or otherwise authenticated. 
Specifically, the following changes were requested:
    (1) The creditor, or his agent, file effective financing statements 
without signature by the debtor and secured party;
    (2) Format and provide the names of individual debtor as required 
on the UCC-1F filing form, and in the case of an organization, use full 
legal names, and enter names exactly as provided by the filer;
    (3) Use the farm number established by the Farm Service Agency of 
the U.S. Department of Agriculture as a reasonable description of the 
property as an alternative to requiring the description include the 
farm name or general location;
    (4) Amend effective financing statements in writing, signed, 
authorized, or otherwise authenticated by the debtor and filed within 3 
months of the amendment to reflect material changes;
    (5) Effective financing statements expire on either the expiration 
of the effective period of the statement or the filing of a notice 
authorized or otherwise authenticated by the creditor that the 
statement has expired, whichever occurs first; and
    (6) No longer require the signature of the debtor or of the secured 
party for filing any effective financing statement, including 
continuations, assignments, partial releases, terminations, or other 
similar statement filed.
    This notice announces our approval of the amended certification for 
Louisiana's central filing system in accordance with the request to 
amend signature and property description requirements.

Effective Date

    This notice is effective upon signature for good cause because it 
increases the flexibility in which effective filing statements may be 
authorized and authenticated, in addition, it allows a simplified 
manner in which farm property may be described. Approving changes to 
the certification of approved central filing systems does not require 
public notice. Therefore, this notice may be made effective in less 
than 30 days after publication in the Federal Register without prior 
notice or other public procedure.

    Authority: 7 U.S.C. 1631, 7 CFR 2.22(a)(3)(v) and 2.81(a)(5), 
and 9 CFR 205.101(e).

James E. Link,
Administrator, Grain Inspection, Packers and Stockyards Administration.
 [FR Doc. E6-2306 Filed 2-16-06; 8:45 am]
BILLING CODE 3410-EN-P