Arkansas Statutes
§ 2-7-309 — Agreements
Arkansas·Title 2
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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Legislative History
Acts 1989, No. 829, § 8.
Nearby Sections
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Prohibited activities