State Codes and Statutes

Statutes > Iowa > Title-1 > Subtitle-4 > Chapter-9i > 9i-5

        9I.5  LAND ACQUIRED BY DEVISE OR DESCENT.
         A nonresident alien, foreign business or foreign government, or an
      agent, trustee or fiduciary thereof, which acquires agricultural land
      or an interest in agricultural land, by devise or descent after
      January 1, 1980, shall divest itself of all right, title and interest
      in the land within two years from the date of acquiring the land or
      interest.  This section shall not require divestment of agricultural
      land or an interest in agricultural land, acquired by devise or
      descent from a nonresident alien, if such land or an interest in such
      land was acquired by any nonresident alien prior to July 1, 1979.  
         Section History: Early Form

         [C73, § 1909; C97, § 2889; C24, 27, 31, 35, 39, § 10214; C46,
      50, 54, 58, 62, 66, 71, 73, 75, 77, 79, § 567.1; C81, § 567.5] 
         Section History: Recent Form
         2002 Acts, ch 1095, §10
         C2003, §9I.5

State Codes and Statutes

Statutes > Iowa > Title-1 > Subtitle-4 > Chapter-9i > 9i-5

        9I.5  LAND ACQUIRED BY DEVISE OR DESCENT.
         A nonresident alien, foreign business or foreign government, or an
      agent, trustee or fiduciary thereof, which acquires agricultural land
      or an interest in agricultural land, by devise or descent after
      January 1, 1980, shall divest itself of all right, title and interest
      in the land within two years from the date of acquiring the land or
      interest.  This section shall not require divestment of agricultural
      land or an interest in agricultural land, acquired by devise or
      descent from a nonresident alien, if such land or an interest in such
      land was acquired by any nonresident alien prior to July 1, 1979.  
         Section History: Early Form

         [C73, § 1909; C97, § 2889; C24, 27, 31, 35, 39, § 10214; C46,
      50, 54, 58, 62, 66, 71, 73, 75, 77, 79, § 567.1; C81, § 567.5] 
         Section History: Recent Form
         2002 Acts, ch 1095, §10
         C2003, §9I.5

State Codes and Statutes

State Codes and Statutes

Statutes > Iowa > Title-1 > Subtitle-4 > Chapter-9i > 9i-5

        9I.5  LAND ACQUIRED BY DEVISE OR DESCENT.
         A nonresident alien, foreign business or foreign government, or an
      agent, trustee or fiduciary thereof, which acquires agricultural land
      or an interest in agricultural land, by devise or descent after
      January 1, 1980, shall divest itself of all right, title and interest
      in the land within two years from the date of acquiring the land or
      interest.  This section shall not require divestment of agricultural
      land or an interest in agricultural land, acquired by devise or
      descent from a nonresident alien, if such land or an interest in such
      land was acquired by any nonresident alien prior to July 1, 1979.  
         Section History: Early Form

         [C73, § 1909; C97, § 2889; C24, 27, 31, 35, 39, § 10214; C46,
      50, 54, 58, 62, 66, 71, 73, 75, 77, 79, § 567.1; C81, § 567.5] 
         Section History: Recent Form
         2002 Acts, ch 1095, §10
         C2003, §9I.5