1. Notwithstanding section 9H.4, a networking farmers corporation may hold agricultural land in this state if it meets all of the following conditions:
a. The networking farmers corporation does not hold an interest in agricultural land of more than six hundred forty acres.
b. At least seventy-five percent of the networking farmers corporation’s gross receipts are from the sale of livestock or livestock products.
2. a. An interest in agricultural land held by a networking farmers corporation shall be attributable as an interest in agricultural land held by a shareholder having an interest in the networking farmers corporation. The shareholder shall be deemed to hold an interest in agricultural land held by the networking farmers corporation in proportion to the interest that the shareholder holds in the networking farmers corporation.
b. Except to the extent provided in this paragraph, a shareholder holding agricultural land by attribution shall be subject to landholding restrictions imposed pursuant to the Code, including sections 9H.4, 9H.5, 9I.3, and 501.103. However, notwithstanding section 9H.4, a cooperative association may hold an interest in any number of farmers entities, if the total number of acres held by the farmers entities and attributable to the cooperative association is six hundred forty acres or less.
c. The shareholder’s proportionate interest shall be calculated by multiplying the number of acres of agricultural land held by the networking farmers corporation by the percentage interest in the networking farmers corporation held by the shareholder.
3. In the event of a transfer of an interest in the networking farmers corporation by operation of law, the corporation may disregard the transfer for purposes of determining compliance with subsection 1 for a period of two years after the transfer. 98 Acts, ch 1110, §103, 301 Referred to in §10.4, 10.11 \n
Notes of Decisions
Watts v. Des Moines Register & Tribune, 525 F. Supp. 1311 (S.D. Iowa 1981).
· cites it 10× “Section 10.3 of the agreement gives the board of directors of R & T the authority and duty to appoint successor voting trustees, subject to approval of the shareholders.”
Fausel v. JRJ Enter., Inc., 603 N.W.2d 612 (Iowa 1999).
· cites it 4× “Section 10.3 provided that, if Hawkeye failed to accept the offer within ten days, the remaining members would have ten days to do so.”
State v. Spies, 672 N.W.2d 792 (Iowa 2003).
“Rigg, Iowa Practice, Criminal Law § 10.3, at 232 (2003) (footnote omitted); accord State v.”
Whalen v. Connelly, 593 N.W.2d 147 (Iowa 1999).
· cites it 2× “Altman, Delaware Limited Partnerships § 10.3, at 10-10 (1995 & Supp.1999) [hereinafter Lubaroff and Altman].”
In Re the Marriage of McMorrow, 342 N.W.2d 73 (Iowa 1983).
“These principles, however, do not go to the heart of the issue before us: Is a child support judgment entered prior to the acquisition of the homestead a “debt” within the meaning of Iowa Code section 561.-21? At least in the circumstances of this case, we hold it is, and the…”
Currell v. Taylor (In Re Taylor), 119 B.R. 170 (Bankr. D. Iowa 1990).
· cites it 2× “The Court also notes that section 10.3 of the plan provides that ”[t]o the extent not preempted by applicable federal law, in interpreting the provisions of this Plan, laws of the State of Minnesota shall be applicable.”
Vis v. Am. Fam. Life Assur. Co. of Columbus, 778 F. Supp. 2d 971 (N.D. Iowa 2011).
“, § 10.3 (providing, in part, “Any party may seek an order of any court of competent jurisdiction to enforce this Arbitration Agreement.”
Jaks Props., LLC v. St. Croix Hospice, LLC (Iowa Ct. App. 2018).
· cites it 2× “Section 10.3(e) provides: In the case of any amount payable to any indemnified party pursuant to Article 10 hereof, the indemnified party shall forward to the indemnifying party notice of any sums due and owing by the 4 indemnifying party pursuant to this agreement with respect…”
Jeremy Michael Cory v. State of Iowa (Iowa Ct. App. 2021).
· cites it 2× “” On appeal, Cory insists the “extensive involvement of three prosecuting attorneys” after his arrest, but before the filing of a criminal complaint, triggered his right to counsel under article I, section 10.3 The State counters that the broader protection afforded under the…”
— Iowa Code § 10.3(e) — 1 case
Jaks Props., LLC v. St. Croix Hospice, LLC (Iowa Ct. App. 2018).
“Section 10.3(e) provides: In the case of any amount payable to any indemnified party pursuant to Article 10 hereof, the indemnified party shall forward to the indemnifying party notice of any sums due and owing by the 4 indemnifying party pursuant to this agreement with respect…”
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