Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter IV - Federal Crop Insurance Corporation, Department of Agriculture |
Part 407 - Area Risk Protection Insurance Regulations |
§ 407.5 - Creditors.
Latest version.
-
§ 407.5 Creditors.
An interest of a person in an insured crop existing by virtue of a lien, mortgage, garnishment, levy, execution, bankruptcy, involuntary transfer or other similar interest shall not entitle the holder of the interest to any benefit under the contract.