Und - Iowa Pork Producers Association

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IOWA AG SUPPLY DEALER LIEN •Also file in any state where livestock or crop will be moved •This filing does not result in the ag supply dealer’s (e.g., feed) name on the packer check unless other steps are taken 28
IOWA AG SUPPLY DEALER LIEN • Dec. 30, 2011 <strong>Iowa</strong> Supreme Court – Oyens Feed v. Primebank • Feed dealer had priority over bank even though the dealer did not send certified letter • If certified letter requirement was meant to apply to feed liens, the law would be clear as it is for other ASDL liens • Court ruled not requiring letter made sense because feed is sold on an ongoing basis vs. seed, herbicides, & fertilizer • Bank still has priority for acquisition price of livestock 29
Page 1 and 2: UNDERSTANDING CONTRACTS AND LIENS I
Page 3 and 4: SWINE CONTRACTS • Packers & Stock
Page 5 and 6: CONTRACTS - GIPSA FINAL RULE • US
Page 7 and 8: DEFINITIONS Additional capital inve
Page 9 and 10: ADD’L CAP. INVEST. CRITERIA • W
Page 11 and 12: ADD’L CAP. INVEST. CRITERIA •Wa
Page 13 and 14: REASONABLE PERIOD OF TIME TO REMEDY
Page 15 and 16: ARBITRATION •Any marketing or pro
Page 17 and 18: ARBITRATION Criteria GIPSA may cons
Page 19 and 20: LIVESTOCK FEEDING CONTRACTS - INSUR
Page 21 and 22: LIVESTOCK FEEDING CONTRACTS - INSUR
Page 23 and 24: LANDLORD’S LIEN • Also file in
Page 25 and 26: IOWA CONTRACT GROWERS LIEN • Prod
Page 27: IOWA AG SUPPLY DEALER LIEN • Cert
Page 31 and 32: LIENS - LIVESTOCK OWNERS • Contra
Page 33 and 34: LIENS Products sold - first priorit
Page 35 and 36: ENTERING INTO OR MODIFYING A CONTRA
Page 37 and 38: ENTERING INTO OR MODIFYING A CONTRA
Page 39 and 40: CONTRACT DEFAULT • Force majeure
Page 41 and 42: CONTRACT DEFAULT • Right to rebut
Page 43 and 44: CONTRACT DEFAULT • Termination of

Und - Iowa Pork Producers Association

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