Agricultural bankers are mobilizing against a movement to put them second in line behind some nonbank agricultural lenders when collecting debts from farmers.

The National Conference of Commissioners on Uniform State Laws, a group of 330 attorneys that reviews state laws and recommends uniform changes, is reviewing the portion of the Uniform Commercial Code that determines which lender takes a priority or "super" lien position on agricultural loans.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.