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Section 54-13-12 - Length of mediation period--Notice to borrower--Additional meetings.

54-13-12. Length of mediation period--Notice to borrower--Additional meetings. The total mediation period shall be for a term of forty-two days after the date the director of the agriculture mediation program issues the notice to the borrower. The director of the agriculture mediation program must issue a notice to the borrower within three business days following receipt of the request for mediation from the creditor. The mediator may, after the initial meeting, schedule additional mediation meetings during the mediation period.

Source: SL 1988, ch 384, § 12; SL 2001, ch 259, § 10.

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