Arkansas Code Title 2, Subtitle 1, Chapter 3 - Arkansas Agricultural Foreign Investment

• § 2-3-101 - Title.
  This chapter may be cited as the "Arkansas Agricultural Foreign Investment Act".
• § 2-3-102 - Definitions.
  As used in this chapter, unless the context otherwise requires: (1) "Agricultural land" means any Arkansas land which is outside the corporate limits of...
• § 2-3-103 - Registration of Foreign Interest in Agricultural Land.
  (a) (1) (A) When after April 19, 1979, any foreign party acquires any interest in agricultural land in Arkansas by grant, purchase, adverse possession,...
• § 2-3-104 - Right to Security Interests.
  Any foreign party shall have the right to make loans of money and to take and accept mortgages or other security interests upon agricultural...
• § 2-3-105 - Land Acquired by Lien.
  (a) Any foreign party who acquires agricultural land by enforcement of a lien resulting from a transaction occurring after April 19, 1979, shall, within...
• § 2-3-106 - Proceedings Upon Failure to Register.
  (a) Any recorder of deeds, tax assessor, or other public official who shall learn that a foreign party has acquired agricultural land in Arkansas...
• § 2-3-107 - Private Right of Enforcement.
  If the Attorney General refuses to bring an action provided for or authorized by this chapter, any person claiming a violation therefor, upon notice...
• § 2-3-108 - Exceptions Generally.
  (a) This chapter shall not apply to agricultural land owned by a foreign party on April 19, 1979, while the land is held by...
• § 2-3-109 - Rights in Nonfarm Lands.
  Except as provided in this chapter, all aliens, whether or not residents of the United States, shall be capable of acquiring by grant, purchase,...
• § 2-3-110 - Agricultural Land Used for Nonfarming Purposes and Mineral Leases.
  (a) The restrictions set forth in this chapter do not apply to agricultural land acquired by a foreign party for immediate or potential use...

Last modified: November 15, 2016