Arkansas § 2-7-310 Release of creditor - Effective period

Arkansas Statutes

§ 2-7-310 — Release of creditor - Effective period

Arkansas § 2-7-310

Title2

This text of Arkansas § 2-7-310 (Release of creditor - Effective period) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 2-7-310 (2026).

Text

(a)The Director of the Arkansas Farm Mediation Program shall issue a release upon request to any creditor who has paid any required fees and:

(1)Who has attended an initial mediation meeting under § 2-7-301 or § 2-7-307 ;

(2)Who has served a mediation notice on the farmer and the farmer has not requested mediation within the time allowed;

(3)When the farmer has waived mediation with respect to that creditor or the agricultural property at issue;

(4)When the agricultural property has been abandoned by the farmer;

(5)In the discretion of the director if the default is other than monetary;

(6)When ordered to do so by a court upon a finding by the court that mediation would be unduly burdensome and an extreme hardship on the creditor;

(7)Upon the failure of a farmer to appear at a sche

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(a) The Director of the Arkansas Farm Mediation Program shall issue a release upon request to any creditor who has paid any required fees and: (1) Who has attended an initial mediation meeting under § 2-7-301 or § 2-7-307 ; (2) Who has served a mediation notice on the farmer and the farmer has not requested mediation within the time allowed; (3) When the farmer has waived mediation with respect to that creditor or the agricultural property at issue; (4) When the agricultural property has been abandoned by the farmer; (5) In the discretion of the director if the default is other than monetary; (6) When ordered to do so by a court upon a finding by the court that mediation would be unduly burdensome and an extreme hardship on the creditor; (7) Upon the failure of a farmer to appear at a scheduled mediation meeting; or (8) As otherwise provided by rule. (b) A release is effective as to any proceeding commenced or continued or any action taken one (1) year or less after its date of issuance, but a release is not effective as to any proceeding commenced or action taken more than one (1) year after its date of issuance.