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    Ag Inspection Reports

    Posted in: RMA Member Forum

    Hello Ag Lenders, I need to revamp our annual agricultural inspection report and was looking to anyone who might be able to comment on what is included in your inspection report or if you would be willing to share a sample form. Our current form...

  • Posted in: RMA Member Forum

    Patrick: If you are issuing your own "Letter of Credit" you need to have proper paperwork to start with and should have an attorney on retainer from the start on the product. If you did an Irrevocable LC and its a standby, the details are the most...

  • Posted in: RMA Member Forum

    Hi Patrick, Based on my experience, I would recommend cancelling the lost letter of credit, especially if it was issued as an irrevocable letter of credit. The beneficiary will have to consent to the cancellation. You can request their consent...

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