2011 Oregon Revised Statutes
ORS Volume 1, Chapters 1 - 55
ORS Chapter 36
36.260 Mediation agreement; effect of agreement.
(1) If an agreement is reached between the agricultural producer and a creditor, the mediator shall draft a written mediation agreement to be signed by the agricultural producer and the creditor.
(2) An agricultural producer and any creditor who are parties to a mediation agreement:
(a) Are bound by the terms of the agreement;
(b) May enforce the mediation agreement as a legal contract; and
(c) May use the mediation agreement as a defense against an action contrary to the mediation agreement.
(3) The mediator shall encourage the parties to have the agreement reviewed by independent legal counsel before signing the agreement. [1989 c.967 7]
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