{"data":{"id":"us-ia/iowa-code-10.12","jurisdiction":"us-ia","citation":"Iowa Code § 10.12","heading":"Multiple interests restricted — penalties.","body":"1. A civil penalty of not more than one thousand dollars may be imposed on a person who becomes one of the following:\na. A stockholder of a networking farmers corporation as prohibited in section 10.4.\nb. A member of a networking farmers limited liability company as prohibited in section 10.6.\nc. A member of a farmers cooperative association as prohibited in section 10.8.\n2. The person violating the section shall divest the interest held by the person in a farmers entity or authorized entity as is necessary to comply with this chapter, as provided in section 10.13.","path":["Title I - STATE SOVEREIGNTY AND MANAGEMENT (Ch. 1 - 38D)","Chapter 10 - AGRICULTURAL LANDHOLDING RESTRICTIONS","Subchapter III - PENALTIES"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/10.12.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:39:59Z","sha256":"60e39d789979d0dad26fc94e895af84dc5578c7e08af3c73d0bc39fefbcf2525","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-10.11","next":"us-ia/iowa-code-10.13"},"notice":"GroundRules: Original legal text. Not legal advice."}