{"data":{"id":"us-ia/iowa-code-10.6","jurisdiction":"us-ia","citation":"Iowa Code § 10.6","heading":"Multiple interests restricted.","body":"1. A person who holds an interest in a networking farmers limited liability company holding an interest in agricultural land pursuant to section 10.5 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 limited liability company having six or fewer members.\nb. The person holds a fifteen percent or greater interest in a networking farmers limited liability company having seven or more members.\n2. A person who holds a majority interest in an authorized entity shall not hold a majority interest in a networking farmers limited liability company.\n3. A qualified commodity share landlord who owns an interest in a networking farmers limited liability company holding agricultural land under section 10.5 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 2 - NETWORKING FARMERS LIMITED LIABILITY COMPANIES"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/10.6.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:39:59Z","sha256":"9bf1ddef778c82eb6f953e273d22647276eb147b83ee281b931c9f8a6745627d","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-10.5","next":"us-ia/iowa-code-10.7"},"notice":"GroundRules: Original legal text. Not legal advice."}