{"data":{"id":"us-ia/iowa-code-10.4","jurisdiction":"us-ia","citation":"Iowa Code § 10.4","heading":"Multiple interests restricted.","body":"1. A person who holds an interest in a networking farmers corporation holding an interest in agricultural land pursuant to section 10.3 shall not hold an interest in another farmers entity if any of the following applies:\na. The person holds a twenty-five percent or greater interest in a networking farmers corporation having six or fewer stockholders.\nb. The person holds a fifteen percent or greater interest in a networking farmers corporation having seven or more stockholders.\n2. A person who holds a majority interest in an authorized entity shall not hold a majority interest in a networking farmers corporation.\n3. A qualified commodity share landlord who owns an interest in a networking farmers corporation holding agricultural land under section 10.3 must rent an additional one hundred fifty acres of agricultural land on a commodity share basis for each farmers entity holding agricultural land under this chapter in which the commodity share landlord acquires an interest.","path":["Title I - STATE SOVEREIGNTY AND MANAGEMENT (Ch. 1 - 38D)","Chapter 10 - AGRICULTURAL LANDHOLDING RESTRICTIONS","Subchapter II - RESTRICTIONS","Part 1 - NETWORKING FARMERS CORPORATIONS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/10.4.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:39:59Z","sha256":"f30db30c8de37fff8fc5334e869a40b45e41dbd19d5f7096b95cfcd7e4246862","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-10.3","next":"us-ia/iowa-code-10.5"},"notice":"GroundRules: Original legal text. Not legal advice."}