Section 583.25 — Voluntary Mediation Proceedings.
583.25 VOLUNTARY MEDIATION PROCEEDINGS. A debtor that owns agricultural property or a creditor of the debtor may request mediation of the indebtedness by a farm mediator by applying to the director. The director shall make voluntary mediation application forms available at the county recorder’s and county extension office in each county. The director must evaluate […]
Section 583.26 — Mandatory Mediation Proceedings.
583.26 MANDATORY MEDIATION PROCEEDINGS. Subdivision 1. Mediation notice. (a) A creditor desiring to start a proceeding to enforce a debt against agricultural property under chapter 580 or 581 or sections 336.9-601 to 336.9-628, to terminate a contract for deed to purchase agricultural property under section 559.21, or to garnish, levy on, execute on, seize, or […]
Section 583.27 — Good Faith Required, Court Supervised Mediation.
583.27 GOOD FAITH REQUIRED, COURT SUPERVISED MEDIATION. Subdivision 1. Obligation of good faith. (a) The parties must engage in mediation in good faith. Prior to the initial mediation meeting, the director must notify all parties in writing of their obligation to participate in good faith, the consequences of failing to participate in good faith, and […]
Section 583.20 — Citation.
583.20 CITATION. Sections 583.20 to 583.32 may be cited as the “Farmer-Lender Mediation Act.” History: 1986 c 398 art 1 s 5,18; 1987 c 292 s 37; 1989 c 350 art 16 s 8; 1990 c 525 s 1; 1991 c 208 s 2; 1Sp1993 c 2 art 6 s 2; 1995 c 212 art […]
Section 583.21 — Legislative Findings.
583.21 LEGISLATIVE FINDINGS. The legislature finds that the agricultural sector of the state’s economy is under severe financial stress due to low farm commodity prices, continuing high interest rates, and reduced net farm income. The suffering agricultural economy adversely affects economic conditions for all other businesses in rural communities as well. Thousands of this state’s […]
Section 583.215 — Expiration.
583.215 EXPIRATION. Sections 336.9-601, subsections (h) and (i); 550.365; 559.209; 582.039; and 583.20 to 583.32, expire June 30, 2027. History: 2005 c 107 art 2 s 55; 2009 c 94 art 1 s 97; 2013 c 114 art 2 s 65; 1Sp2015 c 4 art 2 s 81; 2016 c 184 s 10; 2016 c […]
Section 583.22 — Definitions.
583.22 DEFINITIONS. Subdivision 1. Applicability. The definitions in this section apply to sections 583.22 to 583.32. Subd. 2. Agricultural property. “Agricultural property” means real property that is principally used for farming as defined in section 500.24, subdivision 2, paragraph (a), and raising poultry, and personal property that is used as security to finance a farm […]
Section 583.23 — Farm Mediation.
583.23 FARM MEDIATION. Subdivision 1. Training. The director must provide training and support for mediators. Subd. 2. Appointment. The director must provide mediators by contracting with qualified persons experienced in farm finance, agricultural law, and negotiation. Subd. 3. Administration. The director may appoint a farm mediation administrator. The administrator and director shall provide training for […]