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Iowa | Correct- but from what little I know on the subject most times new machinery purchases have their own separate UCC filing tied to specifically that piece of machinery.
Especially now when a lot of machinery purchases are financed from a different place than the operating money comes from (CNH/Deere/ag-direct etc.)
Lists can be quite long- operating lines/ machinery/landlord liens/fsa storage loans/input suppliers/I've even seen some from Snap-on credit for farmers.
Edited by J.L. 8/30/2024 11:45
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