Mo. Code Regs. tit. 2 § 110-4.020
Current through Register Vol. 49, No. 24, December 16, 2024
Section 2 CSR 110-4.020 - Interest DefinedPURPOSE: This amendment removes an incorrect intersectional reference.
(1) Interest, as used in 2 CSR 110-4.010(1) and (2), shall be defined as all interests acquired, transferred, or held in agricultural lands by a foreign person, 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.AUTHORITY: section 442.592, RSMo 2016.* This rule originally filed as 2 CSR 20-3.020. Original rule filed Jan. 12, 1982, effective May 15, 1982. Moved to 2 CSR 110-4.020 and amended: Filed May 21, 2018, effective Dec. 30, 2018.Amended by Missouri Register February 15, 2024/volume 49, Number 04, effective 1/24/2024, exp. 7/21/2024 (Emergency).Amended by Missouri Register June 18, 2024/volume 49, Number 12, effective 7/31/2024.*Original authority: 442.592, RSMo 1979, amended 1993, 1995.