Ark. Code Ann. § 2-7-309
Agreements
Year: 2026Length: 128 words
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.
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.