Title 2 — Agriculture
31 chapters · 691 sections in this title.
Ark. Code Ann. § 2-3-101 Title. [Suspended as stated in § 2-3-111.]
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This chapter may be cited as the “Arkansas Agricultural Foreign Investment Act”.
Ark. Code Ann. § 2-3-102 Definitions. [Suspended as stated in § 2-3-111.]
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(1) As used in this chapter, unless the context otherwise requires:(1) “Agricultural land” means any Arkansas land which is outside the corporate limits of a municipality and is used or capable, without substantial modification to the character of the land, of use for agricultura…
Ark. Code Ann. § 2-3-103 Registration of foreign interest in agricultural land. [Suspended as stated in § 2-3-111.]
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(a) (1) (A) When after April 19, 1979, any foreign party acquires any interest in agricultural land in Arkansas by grant, purchase, adverse possession, devise, descent, or in any other manner or any agent, trustee, or fiduciary acquires title to agricultural land in Arkansas on b…
Ark. Code Ann. § 2-3-104 Right to security interests. [Suspended as stated in § 2-3-111.]
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Any foreign party shall have the right to make loans of money and to take and accept mortgages or other security interests upon agricultural land in Arkansas to secure the payment of loans. The foreign party may acquire fee ownership of the land upon a foreclosure or other legal …
Ark. Code Ann. § 2-3-105 Land acquired by lien. [Suspended as stated in § 2-3-111.]
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(a) Any foreign party who acquires agricultural land by enforcement of a lien resulting from a transaction occurring after April 19, 1979, shall, within sixty (60) days of the acquisition, register the ownership as required in this chapter. (b) In the event of failure to register…
Ark. Code Ann. § 2-3-106 Proceedings upon failure to register. [Suspended as stated in § 2-3-111.]
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(a) Any recorder of deeds, tax assessor, or other public official who shall learn that a foreign party has acquired agricultural land in Arkansas after April 19, 1979, and has not registered as required in this chapter or otherwise holds agricultural land in violation of this cha…
Ark. Code Ann. § 2-3-107 Private right of enforcement. [Suspended as stated in § 2-3-111.]
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If the Attorney General refuses to bring an action provided for or authorized by this chapter, any person claiming a violation therefor, upon notice to the Attorney General, may apply to the court for leave to bring the action in his or her own name and may bring the action if le…
Ark. Code Ann. § 2-3-108 Exceptions generally. [Suspended as stated in § 2-3-111.]
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(a) This chapter shall not apply to agricultural land owned by a foreign party on April 19, 1979, while the land is held by the foreign party, nor shall this chapter apply to any alien while a bona fide resident of the United States or one of its territories or possessions. (b) S…
Ark. Code Ann. § 2-3-109 Rights in nonfarm lands. [Suspended as stated in § 2-3-111.]
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Except as provided in this chapter, all aliens, whether or not residents of the United States, shall be capable of acquiring by grant, purchase, adverse possession, devise, or descent any interest in any real estate except agricultural land, as defined in § 2-3-102, and of owning…
Ark. Code Ann. § 2-3-110 Agricultural land used for nonfarming purposes and mineral leases. [Suspended as stated in § 2-3-111.]
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(a) The restrictions set forth in this chapter do not apply to agricultural land acquired by a foreign party for immediate or potential use for nonfarming purposes. (b) A foreign party who acquires agricultural land for nonfarming purposes shall not be required to make a filing o…
Ark. Code Ann. § 2-3-111 Reporting requirement
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(a) Beginning October 1, 2021, a foreign person required to make a report to the United States Department of Agriculture under the Agricultural Foreign Investment Disclosure Act, 7 U.S.C. § 3501 et seq., shall also file a copy of the required report with the Secretary of the Depa…