Section 72-01-02-07 - Central notice system1. If no quantity of crops or livestock is designated on the central notice system filing, the filing must be deemed to include all crops or livestock listed.2. If no crop year is designated on the central notice system filing, the filing must be deemed to include all crop years for the effective period of the filing.3. A description of the crops or livestock must be included on the central notice system filing if needed to distinguish those covered by the perfected security interest from other crops or livestock owned by the same debtor but not subject to the security interest.4. An initial filing and an amendment of a central notice system filing must be signed by all the debtors and the secured party. A continuation statement, partial release, and termination statement of a central notice system filing must be signed by the secured party.N.D. Admin Code 72-01-02-07
Effective February 1, 1992; amended effective May 1, 1999; June 1, 2002.General Authority: NDCC 28-32-02, 41-09-97, 54-09-09
Law Implemented: NDCC 41-09-40, 54-09-09, 54-09-10; 7 USC § 1631; 9 CFR part 205