Minnesota Statutes

Minn. Stat. § 583.24 (2026)

Applicability

✓ current as of May 2026

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Subdivision 1.Creditors.

(a) The Farmer-Lender Mediation Act applies to creditors who are owed debts subject to the Farmer-Lender Mediation Act and are:

(1) the United States or an agency of the United States;

(2) corporations, partnerships, and other business entities; and

(3) individuals.

(b) The Farmer-Lender Mediation Act does not apply to creditors of a debtor described under subdivision 2, paragraph (b).

Subd. 2.Debtors.

(a) Except as provided in paragraph (b) the Farmer-Lender Mediation Act applies to a debtor who is:

(1) a person operating a family farm as defined in section 500.24, subdivision 2;

(2) a family farm corporation as defined in section 500.24, subdivision 2; or

(3) an authorized farm corporation as defined in section 500.24, subdivision 2.

(b) The Farmer-Lender Mediation Act does not apply to a debtor who owns and leases less than 60 acres if the debtor has less than $20,000 in gross sales of agricultural products the preceding year.

Subd. 3.

[Repealed, 1987 c 292 s 39]

Subd. 4.Debts.

The Farmer-Lender Mediation Act does not apply to a debt:

(1) for which a proof of claim form has been filed in bankruptcy by a creditor or that was listed as a scheduled debt, of a debtor who has filed a petition in bankruptcy after July 1, 1987, under United States Code, title 11, chapter 7, 11, 12, or 13;

(2) if the debt was in default when the creditor received a mediation proceeding notice under the Farmer-Lender Mediation Act and the creditor filed a claim form, the debt was mediated during the mediation period under section 583.26, subdivision 8, and (i) the mediation was unresolved; or (ii) a mediation agreement with respect to that debt was signed;

(3) for which the creditor has served a mediation notice, the debtor has failed to make a timely request for mediation, and within 60 days after the debtor failed to make a timely request the creditor began a proceeding to enforce the debt against the agricultural property of the debtor;

(4) for which a creditor has received a mediation proceeding notice and the creditor and debtor have restructured the debt and have signed a separate mediation agreement with respect to that debt;

(5) for which there is a lien for rental value of farm machinery under section 514.661; or

(6) that is a new line of credit, loan, or other debt extended by a creditor to the debtor as a result of a mediation conducted pursuant to the Farmer-Lender Mediation Act. However, this new debt becomes subject to the Farmer-Lender Mediation Act two years after the mediation from which the new debt originated ends, as evidenced by the date on the termination statement issued by the mediator under section 583.26, subdivision 10.

Subd. 5.Minimum eligible debt amount.

The minimum eligible debt amount is $15,000. In 2022 and every five years thereafter, the commissioner of agriculture, in consultation with the director, must report to the legislative committees with jurisdiction over agriculture policy what the minimum eligible debt amount under this subdivision would be if adjusted using the United States Department of Agriculture's Index of the Cost of Production.

Notes of Decisions

Cited in 8 cases, 1987–2016 · leading case: Mayer v. Countrywide Home Loans, 647 F.3d 789 (8th Cir. 2011).

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Mayer v. Countrywide Home Loans, 647 F.3d 789 (8th Cir. 2011). · cites it 5× “The district court determined Mayer could not combine the acreage of two parcels of agricultural property adjacent to her residential parcel with the acreage of her residential parcel to reach the threshold amount of sixty acres required under Minn.Stat. § 583.24, subd. 2(b).…”

N. State Bank of Thief River Falls v. Efteland, 409 N.W.2d 541 (Minn. Ct. App. 1987). · cites it 6× “The scope *543 of the Act is defined in Minn.Stat. § 583.24, subd. 2(a): Except as provided in paragraph (b) the farmer-lender mediation act applies to a debtor who is: 1.”

Burgmeier v. Farm Credit Bank of St. Paul, 499 N.W.2d 43 (Minn. Ct. App. 1993). · cites it 2× “See Minn.Stat. § 583.24, subd. 4 (1988). Unlike the restructuring notice and 45-day application period discussed earlier, there is no evidence in the record that appellant was not given a “meaningful” opportunity to mediate in connection with the first foreclosure.”

Rengstorf v. Richards, 417 N.W.2d 138 (Minn. Ct. App. 1987). · cites it 4× “” Minn.Stat. § 583.24, subd. 2(a)(1). *140 “Family farm” is defined as “an unincorporated farming unit owned by one or more persons residing on the farm or actively engaging in farming.”

Krueger v. Washington Fed. Sav. Bank of Montevideo, 406 N.W.2d 543 (Minn. Ct. App. 1987). · cites it 2× “Minn.Stat. § 583.24, subd. 2(a) (1986). The trial court found that appellants have not shown they are “debtors” under the Act.”

Larry Grimlie, Linda Grimlie v. AgStar Fin. Servs., FLCA (Minn. Ct. App. 2016). · cites it 2× “Minn. Stat. § 583.24 , subd. 1(a). The FLMA also applies to (1) debtors who are individuals running a family farm; (2) a family farm corporation; or (3) an authorized farm corporation.”

Resolution Trust Corp. v. George H. Lipton, Resolution Trust Corp. v. Airlake Grp., Etc., 983 F.2d 901 (8th Cir. 1993). · cites it 4× “” See Minn.Stat. § 583.24. Since two of the possible ways to qualify as a debtor require that one be a corporation and Airlake is not a corporation, the only remaining way for Airlake to qualify as a debtor under the statute is to qualify as a “family farm.”

United States v. House, 100 F. Supp. 2d 967 (D. Minnesota 2000). · cites it 2× “The only claim of prejudice, which is advanced by the Defendants, is that the Plaintiff purportedly did not comply with the farmer-lender mediation requirements of Minnesota Statutes Section 583.24, et seq. This alleged prejudice, however, bears no relation to the Plaintiffs…”

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