Minnesota Statutes

Minn. Stat. § 583.21 (2026)

Legislative Findings

✓ current as of May 2026

Find cases: SyfertCases citing this section MN-REVrevisor.mn.gov (official) Justiaon Justia CornellLII Search CasesGoogle Scholar

The legislature finds that the agricultural sector of the state's economy is under severe financial stress due to low farm commodity prices, continuing high interest rates, and reduced net farm income. The suffering agricultural economy adversely affects economic conditions for all other businesses in rural communities as well. Thousands of this state's farmers are unable to meet current payments of interest and principal payable on mortgages and other loan and land contracts and are threatened with the loss of their farmland, equipment, crops, and livestock through mortgage and lien foreclosures, cancellation of contracts for deed, and other collection actions. The agricultural economic emergency requires an orderly process with state assistance to adjust agricultural indebtedness to prevent civil unrest and to preserve the general welfare and fiscal integrity of the state.

Notes of Decisions

Cited in 6 cases, 1987–2018 · leading case: Mayer v. Countrywide Home Loans, 647 F.3d 789 (8th Cir. 2011).

Sort: Relevance Newest Treatment

Mayer v. Countrywide Home Loans, 647 F.3d 789 (8th Cir. 2011). “Minn.Stat. § 583.21. Foreclosure of the homestead parcel does not constitute a loss of farmland, equipment, crops, or livestock.”

Prod. Credit Ass'n of Worthington v. Spring Water Dairy Farm, Inc., 407 N.W.2d 88 (Minn. 1987). · cites it 4× “The intention to permit the debtor subject to a proceeding pending on the effective date of the Act to demand mediation seems the rational purpose for the inclusion of these provisions.”

Crowell v. Delafield Farmers Mut. Fire Ins. Co., 463 N.W.2d 737 (Minn. 1990). · cites it 2× “16, § 6, replaced by Minn.Stat. § 583.21 (1990)). The right of first refusal was incorporated into Minn.”

Green v. Kellen, 921 N.W.2d 768 (Minn. Ct. App. 2018). · cites it 2× “Minn. Stat. § 583.21 (1986). Further, the legislature incorporated findings that farmers were struggling with mortgages and interest payments, which threatened their ability to keep their farmland and equipment.”

Carnel v. Travelers Ins. Co., 402 N.W.2d 190 (Minn. Ct. App. 1987). · cites it 2× “Minn.Stat. § 583.21 (1986). The Act expires in mid-1988 and contains a provision under which farm creditors and debtors must submit to mandatory mediation proceedings.”

Larry Grimlie, Linda Grimlie v. AgStar Fin. Servs., FLCA (Minn. Ct. App. 2016). · cites it 2× “Minn. Stat. § 583.21 . The FLMA applies to creditors which are either (1) the United States or one of its agencies; (2) corporations, partnerships, and other business entities; or (3) individuals.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.