1999 Minnesota Code
Chapters 570 - 583 Compensatory and Collection Remedies
Chapter 583 Mortgage and Contract for Deed Moratoriums
Section 583.24 Applicability.

583.24 Applicability.

Subdivision 1. Creditors. (a) The Farmer-Lender Mediation Act applies to creditors who are owed debts subject to the Farmer-Lender Mediation Act and are:

(1) the United States or an agency of the United States;

(2) corporations, partnerships, and other business entities; and

(3) individuals.

(b) The Farmer-Lender Mediation Act does not apply to creditors of a debtor described under subdivision 2, paragraph (b).

Subd. 2. Debtors. (a) Except as provided in paragraph (b) the Farmer-Lender Mediation Act applies to a debtor who is:

(1) a person operating a family farm as defined in section 500.24, subdivision 2;

(2) a family farm corporation as defined in section 500.24, subdivision 2; or

(3) an authorized farm corporation as defined in section 500.24, subdivision 2.

(b) The Farmer-Lender Mediation Act does not apply to a debtor who owns and leases less than 60 acres if the debtor has less than $20,000 in gross sales of agricultural products the preceding year.

Subd. 3. Repealed, 1987 c 292 s 39

Subd. 4. Debts. The Farmer-Lender Mediation Act does not apply to a debt:

(1) for which a proof of claim form has been filed in bankruptcy by a creditor or that was listed as a scheduled debt, of a debtor who has filed a petition in bankruptcy after July 1, 1987, under United States Code, title 11, chapter 7, 11, 12, or 13;

(2) if the debt was in default when the creditor received a mediation proceeding notice under the Farmer-Lender Mediation Act and the creditor filed a claim form, the debt was mediated during the mediation period under section 583.26, subdivision 8, and (i) the mediation was unresolved; or (ii) a mediation agreement with respect to that debt was signed;

(3) for which the creditor has served a mediation notice, the debtor has failed to make a timely request for mediation, and within 60 days after the debtor failed to make a timely request the creditor began a proceeding to enforce the debt against the agricultural property of the debtor;

(4) for which a creditor has received a mediation proceeding notice and the creditor and debtor have restructured the debt and have signed a separate mediation agreement with respect to that debt; or

(5) for which there is a lien for rental value of farm machinery under section 514.661 or a lien for rental value relating to a contract for deed subject to the Farmer-Lender Mediation Act under section 559.2091.

HIST: 1986 c 398 art 1 s 9; 1Sp1986 c 2 art 2 s 5,6; 1987 c 292 s 15,16; 1988 c 474 s 2; 1988 c 700 s 3; 1989 c 350 art 16 s 5; 1Sp1993 c 2 art 6 s 1

* NOTE: This section, as added by Laws 1986, chapter 398, *article 1, section 9, is repealed July 1, 1999. Laws 1986, *chapter 398, article 1, section 18, as amended by Laws 1987, *chapter 292, section 37; Laws 1989, chapter 350, article 16, *section 8; Laws 1990, chapter 525, section 1; Laws 1991, chapter *208, section 2; Laws 1993, First Special Session chapter 2, *article 6, section 2; Laws 1995, chapter 212, article 2, section *11; Laws 1997, chapter 183, article 3, section 29; Laws 1998, *chapter 395, section 7; and Laws 1998, chapter 402, section 6.