11-41-102. Definitions.
(a) As used in this chapter:
(i) "Action" means a court action by a creditor against a farmer for payment of a debt, to enforce or foreclose a security interest, lien or mortgage, or to repossess or declare a creditor's interest in real property. "Action" also includes any matter filed in a court of law or before an agency by a party to resolve a dispute;
(ii) "Agricultural property" means real property that is used principally for farming or ranching, real property that is a farmer's principal residence and any land contiguous to the residence, personal property that is used as security to finance farming or personal property that is used for farming;
(iii) "Board" means the agriculture and natural resource mediation board;
(iv) "Creditor" means any person who holds a mortgage on or is a vendor of a land contract for agricultural property, who has a lien on or security interest in agricultural property or who is a judgment creditor with a judgment against a farmer affecting the farmer's agricultural property;
(v) "Farmer or rancher" means a person engaged in farming or ranching who owns or leases a total of sixty (60) acres or more of land that is agricultural property and whose gross sales of farm products for the preceding year equaled twenty thousand dollars ($20,000.00) or more;
(vi) "Farming or ranching" means the employment and operation of real property for the production of agricultural products, including but not limited to:
(A) Raising, harvesting and selling crops, hay and other products of the soil;
(B) Feeding, breeding, management and sale of livestock, poultry, fur bearing animals or honeybees, or the produce thereof; or
(C) Dairying and the sale of dairy products.
(vii) "Mediation" means the act of a neutral person in intermediating between or among contending parties with a view to assisting them to adjust or settle their dispute by mutual agreement;
(viii) "Parties" means the primary decision makers engaged in the mediation process;
(ix) "Standing" means a person that is given the authority to enter into a mediation process by the board.