Iowa § 10.12 - 10.12 Multiple interests restricted — penalties.
Full text of Iowa Iowa Code § 10.12 — 10.12 Multiple interests restricted — penalties., with citation guidance and answers to common questions.
§ 10.12. 10.12 Multiple interests restricted — penalties.
1. A civil penalty of not more than one thousand dollars may be imposed on a person who becomes one of the following: a. A stockholder of a networking farmers corporation as prohibited in section 10.4. b. A member of a networking farmers limited liability company as prohibited in section 10.6. c. A member of a farmers cooperative association as prohibited in section 10.8. 2. The person violating the section shall divest the interest held by the person in a farmers entity or authorized entity as is necessary to comply with this chapter, as provided in section 10.13. 98 Acts, ch 1110, §112, 301 Wed Dec 10 21:50:52 2025 Iowa Code 2026, Section 10.12 (17, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 10.12
What does Iowa Code § 10.12 cover?
Section 10.12 ("10.12 Multiple interests restricted — penalties.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 10.12?
A common citation format is "Iowa Code § 10.12" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 10.12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.