The CCC-10 form, issued by the U.S. Department of Agriculture (USDA) through the Commodity Credit Corporation (CCC) and the Farm Service Agency (FSA), is required for agricultural loan processing. Approved under OMB No. 0560-0215, this form authorizes the CCC or FSA to file financing statements before or after executing a security agreement, protecting their security interest in your collateral.
The CCC-10 form must be completed by any individual, organization, or legal entity applying for a loan through the Commodity Credit Corporation or Farm Service Agency. This includes sole proprietors, family farms, partnerships, corporations, and cooperatives in the agricultural sector. Both the borrower and any authorized representative must complete the appropriate sections to authorize the FSA to file a financing statement.
The CCC-10 form is authorized under 7 U.S.C. 1981 and complies with the Privacy Act of 1974. It collects information needed to identify the debtor, describe the collateral, and authorize the FSA to file a UCC financing statement with the appropriate state authority. Failure to provide accurate information can result in denial of loan benefits. The USDA is committed to nondiscrimination in all programs and activities related to agricultural finance.
What is the CCC-10 form used for?
The CCC-10 form authorizes the USDA Commodity Credit Corporation or Farm Service Agency to file financing statements and related documents to secure their legal interest in collateral provided for agricultural loans. This ensures the FSA security interest is both acknowledged and perfected before loan disbursement.
Where do I submit the completed CCC-10 form?
Return the completed and signed CCC-10 form to your local county FSA office. You can fill it out online using FormsPal free PDF editor and print the form for submission. Other USDA CCC forms available on FormsPal include the CCC-526-C form and the CCC-679 form.
Is information on the CCC-10 form confidential?
Yes, information provided on the CCC-10 form is protected under the Privacy Act of 1974. The USDA uses the information solely to process and secure agricultural loans. Voluntary disclosure is requested, but non-disclosure may result in loan denial.
What other FSA forms might I need?
Depending on your loan type and agricultural program, you may also need to complete forms such as the CCC-185 form, the CCC-902I form, or the UCC-1 Financing Statement. FormsPal provides all these USDA agricultural forms online for free.
| Question | Answer |
|---|---|
| Form Name | Ccc 10 Form |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | fsa ccc 10 form, form ccc 910, ccc 10, usda form ccc 10 |