Iowa Code Title I. State Sovereignty and Management [Chs. 1-38D] § 10.8. Multiple interests restricted

1. A person who holds an interest in a farmers cooperative association holding an interest in agricultural land pursuant to section 10.7 shall not hold an interest in another farmers entity if any of the following applies:

2. A person who holds a majority interest in an authorized entity shall not hold a majority interest in a farmers cooperative association.