Interest Defined

PURPOSE: This rule defines an interest as it relates to registration with the Missouri Department of Agriculture of foreign persons or entities who or which own agricultural land in Missouri pursuant to Chapter 442, RSMo. (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. Executive Order 24-01, effective Jan. 2, 2024. Emergency amendment filed Jan. 9, 2024, effective Jan. 24, 2024, expired July 21, 2024. Amended: Filed Jan. 9, 2024, effective July 30, 2024. *Original authority: 442.592, RSMo 1979, amended 1993, 1995.