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Warning to Secured Lenders: Your Rights to Collateral Could “Perish”
By: Joshua D. Beard
If you are a secured lender involved with restaurants, grocery stores, food distributors, or any other business that deals in fruits and vegetables, it is necessary to learn certain aspects of the federal Perishable Agricultural Commodities Act (PACA), 7 U.S.C. § 499a et seq. and the affect it could have on your secured right in your debtor’s collateral. Learn More >
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