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103 chapters · 755 sections in this title.
7 M.R.S. § 31 Title
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This chapter shall be known and may be cited as the "Agricultural Land Interest Act."
7 M.R.S. § 32 Definitions
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As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1983, c. 396, §1 (NEW).] 1. AFIDA. "AFIDA" means the Agricultural Foreign Investment Disclosure Act of 1978, United States Code, Title 7, Section 3501, et seq. 2.…
7 M.R.S. § 33 Report required
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1. Conditions requiring report. Any corporation or partnership which, on its own behalf or acting as a fiduciary or trustee on behalf of another, holds, acquires or transfers any interest in agricultural land shall submit an annual report to the commissioner not later than 90 day…
7 M.R.S. § 34 Exemptions
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1. Family farm corporation or partnership. A family farm corporation or farm partnership as defined in section 32 shall not be required to comply with the reporting requirements in section 33. 2. Ten-acre exemption. A corporation or partnership owning less than 10 acres of land, …