9 CFR 205.212 - “Buyer in ordinary course of business” and “security interest.”
The terms “buyer in ordinary course of business” and “security interest” are defined in subsections (c) (1) and (7). There are differences between those definitions and the UCC definitions of the same terms. In interpreting those differences, the following would be pertinent:
(a) The legislative intent discussed above in§ 205.211, to pre-empt State laws reflecting the “farm products” exception; and
Title 9 published on 2015-01-01.
No entries appear in the Federal Register after this date, for 9 CFR Part 205.