Missouri Code of State Regulations
Title 2 - DEPARTMENT OF AGRICULTURE
Division 20 - Administrative Services
Chapter 3 - Registration of Foreign-Owned Agricultural Land
Section 2 CSR 20-3.020 - Interest Defined
Universal Citation: 2 MO Code of State Regs 20-3.020
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This rule defines an interest as it relates to registration with the Missouri Department of Agriculture of foreign persons or entities who or which own agricultural
land in Missouri pursuant to Chapter 442, RSMo.
(1) Interest, as used in 2 CSR 20-3.010(1) and (2), shall be defined as all interests acquired, transferred or held in agricultural lands by a foreign person, as that term is defined in section 442.591, RSMo (1986), except-
(A) Leaseholds of less than ten (10)
years;
(B) Contingent future
interests;
(C) Noncontingent future
interests which do not become possessory upon the termination of the present
possessory estate; and
(D) Surface
or subsurface easements and rights-of-way used for a purpose unrelated to
agricultural production.
*Original authority: 442.592, RSMo 1979, amended 1993, 1995.
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