Arkansas Code § 2-7-309 - Agreements

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.

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Last modified: November 15, 2016