NAC561.110. Notice of intent to attend mediation; agreement for period of mediation; notification of other creditors.  


Latest version.
  •      1. The creditor and borrower shall:

         (a) Within 10 days after the Director mails the notice of the time and place of the mediation, notify the Department in writing of their intent to attend the mediation.

         (b) Within 21 days after the Director mails the notice of the time and place of the mediation, notify the Department in writing of the period during which they agree to conduct the mediation.

         2. The borrower shall provide the Department with the name, address and telephone number of any creditor who is not a party to the mediation and to whom the borrower owes an agricultural debt within 10 days after receiving the notice of the time and place for the mediation. The Director will notify such a creditor in writing of the mediation within 7 working days after receiving the name and address of the creditor from the borrower. The creditor must notify the Director in writing within 10 days after receiving the notice if he or she wants to become a party to the mediation.

     (Added to NAC by Dep’t of Agriculture, eff. 10-30-90)