Section 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.Acts 1989, No. 829, § 8.