# Presentation: 690430

## Pre-Loan/LDP Processing

- By LSA’s

## Workflow

- Obtain producer data for CCC Cotton A5
- Name, address, admin State, County code
- Tax ID number (same as used with FSA)
- Farm numbers
- Landlord data including shares
- Lien information
- Sales contracts

## Workflow (Cont’d)

- Obtain FSA-211 if applicable
- Obtain CCC-10
- Conduct lien searches
- Obtain CCC-679
- Obtain or execute CCC 605 with POA
- Review beneficial interest
- Begin CCC 770 LSA checklist
- Obtain eligibility data and make determination
- Obtain DCIA certification

## Privacy Act of 1974

- Protected data is any data that contains personal identifying information including a personal name and any of the following:
- SS number
- DOB
- Home address
- Financial info
- Other items, collections or groupings that contains a personal name or ID number

## Privacy Act of 1974

- Outside of government and approved facilities, prohibits downloading and storage to:
- PC’s
- Portable devices
- Hard disk drives
- Removable media

## Privacy Act of 1974

- Data to be transmitted outside of government or approved facilities must be encrypted or otherwise protected
- CMA process data via secure FTP
- ACRS by PKWARE
- 1099 data by PKWARE
- E-mail attachments by WinZip encryption
- Omitting producer ID numbers

## FSA 211 and 211 A

- 22-CN paragraph 20 for instructions and examples
- Include attachment language
- Obtain signatures in proper format
- Be sure persons signing in a representative capacity, have authority to sign

## Signature Authority

- Video on signature authority
- 1-CM paragraphs 707-717
- Effective 11/20/06, any member of a general partnership may sign for the partnership and bind all members unless the Articles of Partnership are more restrictive

## Liens and Lien Waivers

- See 7 CN paragraph 124 for lien search policy
- At the time of each loan request, search for recorded liens including federal and State tax liens
- Obtain CCC-679 including waivers from lien holders where amounts are owed for ginning charges

## CCC-10

- 22 CN para 23.5
- Required after revision to article 9 of UCC
- Serves as CCC’s intent to perfect a security interest
- Identifies jurisdiction in which to conduct lien searches

## CCC-605	

- 22 CN para 24-27
- CCC 605 07/10/07 version
- Designate an electronic agent or agent to redeem loans
- CCC 605-2 09/19/00 version designation of subsequent agent
- CCC-605-1 09/19/00 Continuation sheet

## Producer Eligibility Criteria

- 1-CMA paragraph 106
- HEL and WC compliance
- Actively engaged and person determination
- Acreage reporting
- Controlled substance convictions
- AGI compliance
- DCIA compliance
- FCIC fraud

## Proposed CCC 746

- Request for manual eligibility determination
- Documents request and determinations

## Combined Producers	

- Examples
- Husband and wife
- Minor child and parent
- See field 19 in CMA eligibility record
- Contact control county for PLM

## CCC 770 (LSA) Checklist

- 22-CN paragraph 30
- For each MAL or LDP

## Actual Examples of CCC Forms

- _[LSA Document Examples](file:///LSA%202007%20document%20examples.pdf)_

## Pop Quiz

## Do members of general

- partnerships have to
- provide signature authority
- to bind all partners?

## No, unless

-  member
-  is restricted