FIRST NAT. BANK OF STUTTGART v. CLINTON

No. 90-247.

802 S.W.2d 928 (1991)

FIRST NATIONAL BANK OF STUTTGART, Appellant, v. Bill CLINTON, the Governor of the State of Arkansas, et al., Appellees.

Supreme Court of Arkansas.

February 4, 1991.


Attorney(s) appearing for the Case

Robert R. Ross, Lee A. Thalheimer, Little Rock, for appellant.

C. Kent Joliff, Asst. Atty. Gen, Little Rock, for appellees.


DUDLEY, Justice.

Act 829 of 1989, the Arkansas Farm Mediation Act, was passed in the 1989 regular session of the General Assembly. It is codified as Ark.Code Ann. §§ 2-7-101 to -310 (Supp.1989). Under section 4 of the act, Ark.Code Ann. § 2-7-302 (Supp.1989), a foreclosure or other similar proceeding which is brought against a farmer and involves $20,000.00 or more cannot be commenced without first satisfying...

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