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2-7-310. Release of creditor — Effective period.
Arkansas Code — all titles (historical 2020) · legal_authorities
2-7-310. Release of creditor — Effective period.
(a) The Director of the Arkansas Farm Mediation Program shall issue a release upon request to any creditor who has paid any required fees and:
(1) Who has attended an initial mediation meeting under § 2-7-301 or § 2-7-307;
(2) Who has served a mediation notice on the farmer and the farmer has not requested mediation within the time allowed;
(3) When the farmer has waived mediation with respect to that creditor or the agricultural property at issue;
(4) When the agricultural property has been abandoned by the farmer;
(5) In the discretion of the director if the default is other than monetary;
(6) When ordered to do so by a court upon a finding by the court that mediation would be unduly burdensome and an extreme hardship on the creditor;
(7) Upon the failure of a farmer to appear at a scheduled mediation meeting; or
(8) As otherwise provided by rule.
(b) A release is effective as to any proceeding commenced or continued or any action taken one (1) year or less after its date of issuance, but a release is not effective as to any proceeding commenced or action taken more than one (1) year after its date of issuance.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 2-7-310
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:2-7-310
Source file: gov.ar.code.title.02.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 68068fb43ebc8832b8d51fe73e441f0c28a1b83171a23646bc5f00210a22bb3e
Source location: content.xml paragraph 1745
Stored source content
2-7-310. Release of creditor — Effective period.
(a) The Director of the Arkansas Farm Mediation Program shall issue a release upon request to any creditor who has paid any required fees and:
(1) Who has attended an initial mediation meeting under § 2-7-301 or § 2-7-307;
(2) Who has served a mediation notice on the farmer and the farmer has not requested mediation within the time allowed;
(3) When the farmer has waived mediation with respect to that creditor or the agricultural property at issue;
(4) When the agricultural property has been abandoned by the farmer;
(5) In the discretion of the director if the default is other than monetary;
(6) When ordered to do so by a court upon a finding by the court that mediation would be unduly burdensome and an extreme hardship on the creditor;
(7) Upon the failure of a farmer to appear at a scheduled mediation meeting; or
(8) As otherwise provided by rule.
(b) A release is effective as to any proceeding commenced or continued or any action taken one (1) year or less after its date of issuance, but a release is not effective as to any proceeding commenced or action taken more than one (1) year after its date of issuance.
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Arkansas Code — all titles (historical 2020) · legal_authorities
2-7-301. Voluntary mediation.
(a)(1) A farmer and any creditor of the farmer may voluntarily participate in mediation under the Arkansas Farm Mediation Program if they wish to resolve a dispute between them that involves the creditor's interest in a mortgage, lien, security interest, or judgment affecting the agricultural property of the farmer.
(2) Voluntary mediation shall occur before an action has been initiated in court in which the farmer and creditor are parties.
(b) The Arkansas Farm Mediation Office shall adopt voluntary mediation application and request forms.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 2-7-301
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 2-7-301. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
2-7-307. Initial meeting — Subsequent meetings.
(a) The initial mediation meeting shall be attended by the farmer and the creditor who served the mediation notice. The meeting shall be at least one (1) hour long and may be continued for a longer period at the discretion of the parties involved. Other creditors of the farmer are strongly encouraged to attend and may attend all mediation meetings.
(b) After the initial meeting any further mediation meetings shall be held by consent of the parties.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 2-7-307
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 2-7-307. This identifies an authority to review, not proof of applicability.