§ 9606 Agricultural Lien Default Timing

Commercial Code·California

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Key Takeaways

•A 'default' happens when someone doesn't follow the rules of an agricultural lien.
•The secured party (like a bank) can take action when the rules are broken.
•The exact time of default is when the secured party is allowed to enforce the lien, based on the law that created it.

Example

A farmer takes a loan to buy seeds and uses his tractor as a guarantee (lien).

If the farmer stops paying the loan, the bank can take the tractor. The 'default' happens when the bank is allowed to take the tractor, according to the loan rules.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 9606 Agricultural Lien Default Timing

For purposes of this chapter, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created. (Added by Stats. 1999, Ch. 991, Sec. 35. Effective January 1, 2000. Operative July 1, 2001, by Sec. 75 of Ch. 991 and Section 9701.)

Last verified: January 23, 2026

Key Terms

default agricultural lien secured party enforce the lien

References

Official text at leginfo.legislature.ca.gov
California Legislature. Commercial Code. Section 9606.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References