654A.8 Initial mediation meeting. 1. Unless the borrower waives mediation, within twenty-one days after receiving a mediation request the farm mediation service shall send a mediation meeting notice to theborrower and to all known creditors of the borrower setting a time and place for an initialmediation meeting between the borrower, the creditors, and a mediator directed by the farmmediation service to assist in mediation. An initial mediation meeting shall be held withintwenty-one days of the issuance of the mediation meeting notice. 2. If a creditor subject to this chapter receives a mediation meeting notice under subsection 1, the creditor and the creditor’s successors in interest may not continueproceedings to enforce a debt against agricultural property of the borrower under chapter654, to forfeit a real estate contract for the purchase of agricultural property of the borrowerunder chapter 656, to enforce a secured interest in agricultural property under chapter 554,or to otherwise garnish, levy on, execute on, seize, or attach agricultural property. Timeperiods under and affecting those procedures stop running until the farm mediation serviceissues a mediation release to rwise garnish, levy on, execute on, seize, or attach agricultural property. Timeperiods under and affecting those procedures stop running until the farm mediation serviceissues a mediation release to the creditor. 86 Acts, ch 1214, §21Referred to in §654A.12 Sat Dec 23 12:22:17 2023 Iowa Code 2024, Section 654A.8 (15, 0)
Iowa Legal Code