10B.4 REPORTING REQUIREMENTS.
1. A biennial report shall be filed by a reporting entity with
the secretary of state on or before March 31 of each odd-numbered
year as required by rules adopted by the secretary of state pursuant
to chapter 17A. However, a reporting entity required to file a
biennial report pursuant to chapter 489 or 490A, 490, 496C, 497, 498,
499, 501, 501A, or 504 shall file the report required by this section
in the same year as required by that chapter. The reporting entity
may file the report required by this section together with the
biennial report required to be filed by one of the other chapters
referred to in this subsection. The reports shall be filed on forms
prepared and supplied by the secretary of state. The secretary of
state may provide for combining its reporting forms with other
biennial reporting forms required to be used by the reporting
entities.
2. A report required pursuant to this section shall contain
information for the reporting period regarding the reporting entity
as required by the secretary of state which shall at least include
all of the following:
a. The name and address of the reporting entity.
b. The name and address of the person supervising the daily
operations on the agricultural land in which the reporting entity
holds an interest.
c. The following information regarding each person who holds
an interest in the reporting entity:
(1) The name and address of the person.
(2) The person's citizenship, if other than the United States.
(3) The percentage interest held by the person in the reporting
entity, unless the person is a natural person who holds less than a
ten percent interest in a reporting entity.
d. The percentage interest that a reporting entity holds in
another reporting entity, and the number of acres of agricultural
land that is attributable to the reporting entity which holds an
interest in another reporting entity as provided in chapter 10.
e. A certification that the reporting entity meets all of the
requirements to lawfully hold agricultural land in this state.
f. The number of acres of agricultural land held by the
reporting entity, including the following:
(1) The total number of acres in the state.
(2) The number of acres in each county identified by county name.
(3) The number of acres owned.
(4) The number of acres leased.
(5) The number of acres held other than by ownership or lease.
(6) The number of acres used for the production of row crops.
g. If the reporting entity is a life science enterprise, as
provided in chapter 10C, as that chapter exists on or before June 30,
2005, the total amount of commercial sale of life science products
and products other than life science products which are produced from
the agricultural land held by the life science enterprise.
3. A reporting entity other than a foreign business, foreign
government, or nonresident alien shall be excused from filing a
report with the secretary of state during any reporting period in
which the reporting entity holds an interest in less than twenty
acres of agricultural land in this state and the gross revenue
produced from all farming on the land equals less than ten thousand
dollars.
10B.4 REPORTING REQUIREMENTS.
1. A biennial report shall be filed by a reporting entity with
the secretary of state on or before March 31 of each odd-numbered
year as required by rules adopted by the secretary of state pursuant
to chapter 17A. However, a reporting entity required to file a
biennial report pursuant to chapter 489 or 490A, 490, 496C, 497, 498,
499, 501, 501A, or 504 shall file the report required by this section
in the same year as required by that chapter. The reporting entity
may file the report required by this section together with the
biennial report required to be filed by one of the other chapters
referred to in this subsection. The reports shall be filed on forms
prepared and supplied by the secretary of state. The secretary of
state may provide for combining its reporting forms with other
biennial reporting forms required to be used by the reporting
entities.
2. A report required pursuant to this section shall contain
information for the reporting period regarding the reporting entity
as required by the secretary of state which shall at least include
all of the following:
a. The name and address of the reporting entity.
b. The name and address of the person supervising the daily
operations on the agricultural land in which the reporting entity
holds an interest.
c. The following information regarding each person who holds
an interest in the reporting entity:
(1) The name and address of the person.
(2) The person's citizenship, if other than the United States.
(3) The percentage interest held by the person in the reporting
entity, unless the person is a natural person who holds less than a
ten percent interest in a reporting entity.
d. The percentage interest that a reporting entity holds in
another reporting entity, and the number of acres of agricultural
land that is attributable to the reporting entity which holds an
interest in another reporting entity as provided in chapter 10.
e. A certification that the reporting entity meets all of the
requirements to lawfully hold agricultural land in this state.
f. The number of acres of agricultural land held by the
reporting entity, including the following:
(1) The total number of acres in the state.
(2) The number of acres in each county identified by county name.
(3) The number of acres owned.
(4) The number of acres leased.
(5) The number of acres held other than by ownership or lease.
(6) The number of acres used for the production of row crops.
g. If the reporting entity is a life science enterprise, as
provided in chapter 10C, as that chapter exists on or before June 30,
2005, the total amount of commercial sale of life science products
and products other than life science products which are produced from
the agricultural land held by the life science enterprise.
3. A reporting entity other than a foreign business, foreign
government, or nonresident alien shall be excused from filing a
report with the secretary of state during any reporting period in
which the reporting entity holds an interest in less than twenty
acres of agricultural land in this state and the gross revenue
produced from all farming on the land equals less than ten thousand
dollars.
10B.4 REPORTING REQUIREMENTS.
1. A biennial report shall be filed by a reporting entity with
the secretary of state on or before March 31 of each odd-numbered
year as required by rules adopted by the secretary of state pursuant
to chapter 17A. However, a reporting entity required to file a
biennial report pursuant to chapter 489 or 490A, 490, 496C, 497, 498,
499, 501, 501A, or 504 shall file the report required by this section
in the same year as required by that chapter. The reporting entity
may file the report required by this section together with the
biennial report required to be filed by one of the other chapters
referred to in this subsection. The reports shall be filed on forms
prepared and supplied by the secretary of state. The secretary of
state may provide for combining its reporting forms with other
biennial reporting forms required to be used by the reporting
entities.
2. A report required pursuant to this section shall contain
information for the reporting period regarding the reporting entity
as required by the secretary of state which shall at least include
all of the following:
a. The name and address of the reporting entity.
b. The name and address of the person supervising the daily
operations on the agricultural land in which the reporting entity
holds an interest.
c. The following information regarding each person who holds
an interest in the reporting entity:
(1) The name and address of the person.
(2) The person's citizenship, if other than the United States.
(3) The percentage interest held by the person in the reporting
entity, unless the person is a natural person who holds less than a
ten percent interest in a reporting entity.
d. The percentage interest that a reporting entity holds in
another reporting entity, and the number of acres of agricultural
land that is attributable to the reporting entity which holds an
interest in another reporting entity as provided in chapter 10.
e. A certification that the reporting entity meets all of the
requirements to lawfully hold agricultural land in this state.
f. The number of acres of agricultural land held by the
reporting entity, including the following:
(1) The total number of acres in the state.
(2) The number of acres in each county identified by county name.
(3) The number of acres owned.
(4) The number of acres leased.
(5) The number of acres held other than by ownership or lease.
(6) The number of acres used for the production of row crops.
g. If the reporting entity is a life science enterprise, as
provided in chapter 10C, as that chapter exists on or before June 30,
2005, the total amount of commercial sale of life science products
and products other than life science products which are produced from
the agricultural land held by the life science enterprise.
3. A reporting entity other than a foreign business, foreign
government, or nonresident alien shall be excused from filing a
report with the secretary of state during any reporting period in
which the reporting entity holds an interest in less than twenty
acres of agricultural land in this state and the gross revenue
produced from all farming on the land equals less than ten thousand
dollars.
