Agreements
Known as the Arkansas Farm Mediation Act
The act spans §§ 2-7-101 to 2-7-310 (16 sections).
Acts 1989, No. 829, § 8.
If an agreement is reached between the farmer and any creditor or creditors, the agreement shall:
(1) Be signed by the farmer and any such creditor or creditors;
(2) Bind each to the terms of the agreement;
(3) Be enforced as a legal contract between the farmer and such creditor or creditors; and
(4) Constitute a mediation release.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.