As used in this chapter, allof the following apply: 1. A person holds an interest in agricultural land if the person either directly or indirectly owns or leases the agricultural land in this state. 2. A person holds an interest in a farmers entity if the person holds an interest as any of the following: a. A shareholder of a networking farmers corporation. b. A member of a networking farmers limited liability company. c. A member of a farmers cooperative association. d. A member of a farmers cooperative limited liability company.
‹ Prev All Iowa sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.