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9i-6
9I.6 CHANGE OF STATUS -- DIVESTMENT.
A person or business which purchases or otherwise acquires
agricultural land in this state except by devise or descent, after
January 1, 1980, and whose status changes so that it becomes a
foreign business or nonresident alien subject to this chapter, shall
divest itself of all right, title and interest in the land within two
years from the date that its status changed.
Section History: Early Form
[C81, § 567.6]
Section History: Recent Form
2002 Acts, ch 1095, §10
C2003, §9I.6