654A.1 Definitions.
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
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