State Codes and Statutes

Statutes > Iowa > Title-1 > Subtitle-4 > Chapter-10b > 10b-1



        10B.1  DEFINITIONS.
         As used in this chapter, unless the context otherwise requires:
         1.  "Agricultural land" means the same as defined in section
      9H.1.
         2.  "Cooperative association" means any entity organized on a
      cooperative basis, including an association of persons organized
      under chapter 497, 498, or 499; an entity composed of entities
      organized under those chapters; or a cooperative organized under
      chapter 501 or 501A.
         3.  "Corporation" means a domestic or foreign corporation,
      including an entity organized pursuant to chapter 490, or a nonprofit
      corporation.
         4.  "Farming" means the same as defined in section 9H.1.
         5.  "Foreign business" means the same as defined in section
      9I.1.
         6.  "Foreign government" means the same as defined in section
      9I.1.
         7.  "Limited liability company" means a foreign or domestic
      limited liability company, including a limited liability company as
      defined in section 489.102 or 490A.102.
         8.  "Limited partnership" means a foreign or domestic limited
      partnership, including a limited partnership as defined in section
      488.102, and a domestic or foreign limited liability limited
      partnership under chapter 488.
         9.  "Nonprofit corporation" means any of the following:
         a.  A corporation organized under the provisions of chapter
      504, Code 1989, or current chapter 504.
         b.  A corporation which qualifies under Title 26, section 501,
      of the United States Code.
         10.  "Nonresident alien" means the same as defined in section
      9I.1.
         11.  "Reporting entity" means any of the following:
         a.  A corporation, other than a family farm corporation as
      defined in section 9H.1, including an authorized farm corporation as
      defined in section 9H.1 or networking farmers corporation as defined
      in section 10.1, holding an interest in agricultural land in this
      state.
         b.  A cooperative association holding an interest in
      agricultural land in this state.
         c.  A limited partnership, other than a family farm limited
      partnership as defined in section 9H.1, holding an interest in
      agricultural land in this state.
         d.  A person acting in a fiduciary capacity or as a trustee on
      behalf of a person, including a corporation, cooperative association,
      limited liability company, or limited partnership, which holds in a
      trust, other than through a family trust as defined in section 9H.1,
      including through an authorized trust, an interest in agricultural
      land in this state.
         e.  A limited liability company, other than a family farm
      limited liability company as defined in section 9H.1, including an
      authorized limited liability company as defined in section 9H.1, or a
      networking farmers limited liability company or farmers cooperative
      limited liability company as defined in section 10.1, holding an
      interest in agricultural land in this state.
         f.  A foreign business holding an interest in agricultural
      land in this state as provided in chapter 9I.
         g.  A foreign government holding an interest in agricultural
      land in this state as provided in chapter 9I.
         h.  A nonresident alien holding an interest in agricultural
      land in this state as provided in chapter 9I.  
         Section History: Recent Form
         98 Acts, ch 1110, §201, 301; 2000 Acts, ch 1024, §2; 2002 Acts, ch
      1050, §2; 2003 Acts, ch 108, §6; 2004 Acts, ch 1049, §191; 2004 Acts,
      ch 1175, §352, 353, 394, 400; 2005 Acts, ch 135, §101; 2008 Acts, ch
      1162, §128, 155 
         Footnotes
         For future amendment to subsection 7 effective December 31, 2010,
      see 2008 Acts, ch 1162, § 154, 155

State Codes and Statutes

Statutes > Iowa > Title-1 > Subtitle-4 > Chapter-10b > 10b-1



        10B.1  DEFINITIONS.
         As used in this chapter, unless the context otherwise requires:
         1.  "Agricultural land" means the same as defined in section
      9H.1.
         2.  "Cooperative association" means any entity organized on a
      cooperative basis, including an association of persons organized
      under chapter 497, 498, or 499; an entity composed of entities
      organized under those chapters; or a cooperative organized under
      chapter 501 or 501A.
         3.  "Corporation" means a domestic or foreign corporation,
      including an entity organized pursuant to chapter 490, or a nonprofit
      corporation.
         4.  "Farming" means the same as defined in section 9H.1.
         5.  "Foreign business" means the same as defined in section
      9I.1.
         6.  "Foreign government" means the same as defined in section
      9I.1.
         7.  "Limited liability company" means a foreign or domestic
      limited liability company, including a limited liability company as
      defined in section 489.102 or 490A.102.
         8.  "Limited partnership" means a foreign or domestic limited
      partnership, including a limited partnership as defined in section
      488.102, and a domestic or foreign limited liability limited
      partnership under chapter 488.
         9.  "Nonprofit corporation" means any of the following:
         a.  A corporation organized under the provisions of chapter
      504, Code 1989, or current chapter 504.
         b.  A corporation which qualifies under Title 26, section 501,
      of the United States Code.
         10.  "Nonresident alien" means the same as defined in section
      9I.1.
         11.  "Reporting entity" means any of the following:
         a.  A corporation, other than a family farm corporation as
      defined in section 9H.1, including an authorized farm corporation as
      defined in section 9H.1 or networking farmers corporation as defined
      in section 10.1, holding an interest in agricultural land in this
      state.
         b.  A cooperative association holding an interest in
      agricultural land in this state.
         c.  A limited partnership, other than a family farm limited
      partnership as defined in section 9H.1, holding an interest in
      agricultural land in this state.
         d.  A person acting in a fiduciary capacity or as a trustee on
      behalf of a person, including a corporation, cooperative association,
      limited liability company, or limited partnership, which holds in a
      trust, other than through a family trust as defined in section 9H.1,
      including through an authorized trust, an interest in agricultural
      land in this state.
         e.  A limited liability company, other than a family farm
      limited liability company as defined in section 9H.1, including an
      authorized limited liability company as defined in section 9H.1, or a
      networking farmers limited liability company or farmers cooperative
      limited liability company as defined in section 10.1, holding an
      interest in agricultural land in this state.
         f.  A foreign business holding an interest in agricultural
      land in this state as provided in chapter 9I.
         g.  A foreign government holding an interest in agricultural
      land in this state as provided in chapter 9I.
         h.  A nonresident alien holding an interest in agricultural
      land in this state as provided in chapter 9I.  
         Section History: Recent Form
         98 Acts, ch 1110, §201, 301; 2000 Acts, ch 1024, §2; 2002 Acts, ch
      1050, §2; 2003 Acts, ch 108, §6; 2004 Acts, ch 1049, §191; 2004 Acts,
      ch 1175, §352, 353, 394, 400; 2005 Acts, ch 135, §101; 2008 Acts, ch
      1162, §128, 155 
         Footnotes
         For future amendment to subsection 7 effective December 31, 2010,
      see 2008 Acts, ch 1162, § 154, 155

State Codes and Statutes

State Codes and Statutes

Statutes > Iowa > Title-1 > Subtitle-4 > Chapter-10b > 10b-1



        10B.1  DEFINITIONS.
         As used in this chapter, unless the context otherwise requires:
         1.  "Agricultural land" means the same as defined in section
      9H.1.
         2.  "Cooperative association" means any entity organized on a
      cooperative basis, including an association of persons organized
      under chapter 497, 498, or 499; an entity composed of entities
      organized under those chapters; or a cooperative organized under
      chapter 501 or 501A.
         3.  "Corporation" means a domestic or foreign corporation,
      including an entity organized pursuant to chapter 490, or a nonprofit
      corporation.
         4.  "Farming" means the same as defined in section 9H.1.
         5.  "Foreign business" means the same as defined in section
      9I.1.
         6.  "Foreign government" means the same as defined in section
      9I.1.
         7.  "Limited liability company" means a foreign or domestic
      limited liability company, including a limited liability company as
      defined in section 489.102 or 490A.102.
         8.  "Limited partnership" means a foreign or domestic limited
      partnership, including a limited partnership as defined in section
      488.102, and a domestic or foreign limited liability limited
      partnership under chapter 488.
         9.  "Nonprofit corporation" means any of the following:
         a.  A corporation organized under the provisions of chapter
      504, Code 1989, or current chapter 504.
         b.  A corporation which qualifies under Title 26, section 501,
      of the United States Code.
         10.  "Nonresident alien" means the same as defined in section
      9I.1.
         11.  "Reporting entity" means any of the following:
         a.  A corporation, other than a family farm corporation as
      defined in section 9H.1, including an authorized farm corporation as
      defined in section 9H.1 or networking farmers corporation as defined
      in section 10.1, holding an interest in agricultural land in this
      state.
         b.  A cooperative association holding an interest in
      agricultural land in this state.
         c.  A limited partnership, other than a family farm limited
      partnership as defined in section 9H.1, holding an interest in
      agricultural land in this state.
         d.  A person acting in a fiduciary capacity or as a trustee on
      behalf of a person, including a corporation, cooperative association,
      limited liability company, or limited partnership, which holds in a
      trust, other than through a family trust as defined in section 9H.1,
      including through an authorized trust, an interest in agricultural
      land in this state.
         e.  A limited liability company, other than a family farm
      limited liability company as defined in section 9H.1, including an
      authorized limited liability company as defined in section 9H.1, or a
      networking farmers limited liability company or farmers cooperative
      limited liability company as defined in section 10.1, holding an
      interest in agricultural land in this state.
         f.  A foreign business holding an interest in agricultural
      land in this state as provided in chapter 9I.
         g.  A foreign government holding an interest in agricultural
      land in this state as provided in chapter 9I.
         h.  A nonresident alien holding an interest in agricultural
      land in this state as provided in chapter 9I.  
         Section History: Recent Form
         98 Acts, ch 1110, §201, 301; 2000 Acts, ch 1024, §2; 2002 Acts, ch
      1050, §2; 2003 Acts, ch 108, §6; 2004 Acts, ch 1049, §191; 2004 Acts,
      ch 1175, §352, 353, 394, 400; 2005 Acts, ch 135, §101; 2008 Acts, ch
      1162, §128, 155 
         Footnotes
         For future amendment to subsection 7 effective December 31, 2010,
      see 2008 Acts, ch 1162, § 154, 155