Subdivision 1. Applicability.
The definitions in this section apply to sections
Subd. 2. Agricultural property.
"Agricultural property" means real property that is
principally used for farming as defined in section
500.24, subdivision 2
, paragraph (a), and raising
poultry, 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, proceeds of the security, and removable
agricultural structures under lease with option to purchase. "Agricultural property" does not
include: personal property that is subject to a possessory lien under sections
property that is leased to the debtor other than removable agricultural structures under lease with
option to purchase; or farm machinery that is primarily used for custom field work.
Subd. 3.[Repealed, 1Sp1986 c 2 art 2 s 14
Subd. 4. Creditor.
"Creditor" means the holder of a mortgage on agricultural property, a
vendor of a contract for deed of 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
Subd. 5. Director.
"Director" means the director of the Minnesota Extension Service or the
Subd. 6. File.
"File" means to deliver by the required date by certified mail or another
method acknowledging receipt.
Subd. 6a. Financial analyst.
"Financial analyst" means a person: (1) knowledgeable in
agricultural and financial matters that can provide financial analysis; (2) who is able to aid the
debtor in preparing the financial information required under section
583.26, subdivision 3
(3) who is approved by the director. A financial analyst may include county extension agents,
adult farm management instructors, technical college instructors, and other persons able to carry
out the duties of a financial analyst.
Subd. 7. Mediator.
"Mediator" means a farm mediator appointed by the director.
Subd. 7a. Necessary farm operating expenses.
As used in section
farm operating expenses" means a sum or sums adequate to continue, during the mediation
period, farm operations begun prior to the notice of default. "Necessary farm operating expenses"
does not include expenses for increasing the scale of an ongoing farming operation or planting
Subd. 7b. Necessary living expenses.
As used in section
, "necessary living expenses"
means a sum approximately equal to 1-1/2 times the amount to which the family would be entitled
if eligible for payments under chapter 256J, unless limited by section
583.27, subdivision 1
Subd. 8. Serve.
"Serve" means (1) personal service as in a district court civil action; (2)
service by certified mail using return receipt signed by addressee only; (3) actual delivery of
required documents with signed receipt; or (4) if an unsuccessful attempt is made to serve under
clause (1) or (2), service may be made by mail with a certificate of mailing to the last known
address of the debtor. For purposes of serving under clause (4), the addressee is considered to
have been served the documents five days after the date on the certificate of mailing.
History: 1986 c 398 art 1 s 7,18; 1Sp1986 c 2 art 2 s 1-4; 1987 c 258 s 12; 1987 c 292 s
11-14,37; 1989 c 246 s 2; 1989 c 350 art 16 s 8; 1990 c 525 s 1; 1991 c 208 s 2; 1Sp1993 c 2 art
6 s 2; 1995 c 212 art 2 s 11; 1997 c 183 art 3 s 28,29; 1998 c 395 s 7; 1998 c 402 s 6; 1999 c 159
s 153; 1999 c 214 art 2 s 18,19; 2001 c 195 art 1 s 23; 1Sp2001 c 1 art 2 s 25; 1Sp2001 c 2 s
150; 2005 c 107 art 2 s 55
This section expires June 30, 2009. Section
, as added by Laws 2005,
chapter 107, article 2, section 55.