2012 South Dakota Codified Laws
Title 54 DEBTOR AND CREDITOR
Chapter 13. State Farm Mediation Board
§54-13-7 Assistance to borrower by department.


SD Codified L § 54-13-7 (through 2012) What's This?


54-13-7. Assistance to borrower by department. Any borrower involved in mediation shall be offered assistance by the Department of Agriculture in the analysis of the borrower's business and personal financial situation, which analysis shall be conducted in a manner that assists the borrower and the borrower's family to prepare for mediation. This assistance may include emotion support, information and referral networks among borrowers and programs concerned with economic crisis in rural areas, assist the borrower and the borrower's family in developing goals which define reasonable expectations for mediation and shall assist the borrower in evaluating the viability of his current farm or ranch business organization given reasonable current price and yield expectations.

Source: SL 1988, ch 384, § 7; SL 1991, ch 394, § 5.

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