PURPOSE: This rule designates guidelines and specifications for the registration of foreign ownership of agricultural land with the Missouri Department of Agriculture in compliance with section 442.592, RSMo 1986.

1. (1) Any foreign person, as defined in section 442.592.1., RSMo (1986), who acquires or transfers any interest in agricultural land in Missouri, within thirty (30) days of the date of acquisition or transfer, shall file a report with the director of the Department of Agriculture, P.O. Box 630, Jefferson City, MO 65102-0630, on forms which shall be supplied, without charge, upon request in writing.
2. (2) In any instance where more than one (1) foreign person, as defined in section 442.592, RSMo (1986), acquires or transfers any interest in any tract or parcel of Missouri agricultural land, each such foreign person shall file the report required.
3. (3) Reporting is not required when an interest in agricultural land is acquired or transferred by a foreign person or a foreign business for the sole purpose of extracting, refining, processing or transporting oil, gas, coal or lignite.
4. (4) If any foreign person or entity was obligated, under the provisions of Chapter 442, RSMo (1986), to file a report with the director of the Department of Agriculture on any previous date and failed to do so, that foreign person or entity shall file the report required by this chapter within thirty (30) days (June 14, 1982) of the effective date of this rule (May 15, 1982).

AUTHORITY: section 442.592, RSMo 1986.* Original rule filed Jan. 12, 1982, effective May 15, 1982. *Original authority: 442.592, RSMo 1979, amended 1993, 1995.