As used in this chapter, unless the context otherwise requires:
- 1. “Agricultural property” means agricultural land that is principally used for farming as defined in section 9H.1, and personal property that is used as security to finance a farm operation or used as part of a farm operation including equipment, crops, livestock, and proceeds of the security.
- 2. “Coordinator” means the farm assistance program coordinator provided in section 13.13.
- 3. “Creditor” means the holder of a mortgage on agricultural property, a vendor of a real estate contract for agricultural property, a person with a lien or security interest in agricultural property, or a judgment creditor with a judgment against a debtor with agricultural property.
- 4. “Farm mediation service” means the organization selected pursuant to section 13.13.
- 5. “File” means to deliver by the required date by certified mail or another method acknowledging receipt.
- 6. “Mediation release” means an agreement or statement signed by all parties or by less than all the parties and the mediator pursuant to section 654A.11.
- 7. “Participate” or “participation” means attending a mediation meeting, and discussing issues, stating a position regarding restructuring, and exchanging information, relating to any of the following:a debt against agricultural property which is real estate under chapter 654; a forfeiture of a contract to purchase agricultural property under chapter 656; a secured interest in agricultural property under chapter 554; or a garnishment, levy, execution, seizure, or attachment of agricultural property; all as referenced in section 654A.6.
86 Acts, ch 1214, §14; 90 Acts, ch 1143, §9, 10
Referred to in §654.2C, 654A.6, 656.8