Mo. Code Regs. tit. 2 § 110-4.040
Current through Register Vol. 49, No. 21, November 1, 2024.
Section 2 CSR 110-4.040 - Procedure for FilingPURPOSE: This amendment incorporates new registration requirements necessitated by Executive Order 24-01.
PUBLISHER'S NOTE: The secretary of state has determined that the publication of the entire text of the material which is incorporated by reference as a portion of this rule would be unduly cumbersome or expensive. This material as incorporated by reference in this rule shall be maintained by the agency at its headquarters and shall be made available to the public for inspection and copying at no more than the actual cost of reproduction. This note applies only to the reference material. The entire text of the rule is printed here.
(1) A report upon forms, which are available on the Missouri Department of Agriculture's website, shall be filed at least thirty (30) days prior to the date of acquisition by sale, transfer, grant, devise, descent, or otherwise of any interest in agricultural land in Missouri by any foreign person, as that term is defined in section 442.592.1., RSMo.(2) These reports shall be submitted to the Missouri Department of Agriculture either by mail at PO Box 630, Jefferson City, MO 65102-0630 or electronically at www.agriculture.mo.gov and shall be completed in full. Failure to complete the required form timely could result in a delay in determining whether the acquisition is in violation of state law.(3) Each copy of the report shall be signed personally by the individual foreign person holding a potential interest in the agricultural land or by the legally authorized representative of that foreign person. If the reports are signed by the legally authorized representative of a foreign person, there shall be attached an appropriate document designating the individual signing as the authorized representative of the foreign person in question.(4) The report required by this rule shall contain the following information in the appropriate spaces provided on the form:(A) The legal name and address of the foreign person;(B) In any case in which the foreign person is an individual, the citizenship of the foreign person;(C) In any case in which the foreign person is not an individual or a government-1. The nation in which the foreign person is created or organized; and2. The legal name and address of each person or entity who holds any interest comprising five percent (5%) or more of the foreign person, directly or indirectly, through other persons or entities; and in any case in which the holder of the interest is an individual, the citizenship of the holder, and in any case in which the holder of the interest is not an individual or a government, the nation in which the holder is created or organized and the principal place of business of the holder;(D) Whether any potential interest holder is a citizen or resident of, or is incorporated under the laws of a foreign adversary as determined by Title 15, Code of Federal Regulations, Section 7.4, published January 19, 2021, incorporated by reference and made a part of this rule, as published by the United States Publishing Office, 732 N. Capital St NW, Washington DC, 20402-0001, phone: toll free (866) 512-1800, DC area (202) 512-1800, website: http://bookstore.gpo.gov;(E) The type of interest in the agricultural land that is acquired or transferred by the foreign person;(F) An exact legal description of the agricultural land, comporting with all requirements for recordation of title and including the county(ies) in which the land is located and the total acreage involved and any knowledge regarding whether or not the potential land acquisition is located within ten (10) miles of a military facility in this state;(G) The purchase price paid or received for or any other consideration given or received for the interest as well as whether the potential land acquisition will utilize or involve any state or local government financial assistance or financing mechanisms;(H) A declaration of the intended activity on the potential land by the reporting foreign person;(I) In the case where any foreign person acquires an interest in agricultural land for the purposes outlined in section 442.591, RSMo, a declaration of the intended use of the land, which declaration shall be supplemented by submitting in writing to the director of the Department of Agriculture an amended declaration each time the intended use of all or a portion of the land changes; and(J) Whether the foreign person currently owns any land in the state of Missouri, and if so, the specific locations of current ownership.(5) Failure to file the report required by this rule subjects the foreign person holding an interest in the Missouri farmland to a substantial civil penalty as provided in section 442.592.7., RSMo.AUTHORITY: section 442.592, RSMo 2016.* This rule originally filed as 2 CSR 20-3.040. Original rule filed Jan. 12, 1982, effective May 15, 1982. Moved to 2 CSR 110-4.040 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.