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7 U.S.C. § 3505 — Reports to the States

Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 3505 — Reports to the States

Not later than 30 days after the end of each 6-month period beginning after the effective date of [section 3501 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section3501&num=0&edition=prelim), the Secretary shall transmit to each State department of agriculture, or such other appropriate State agency as the Secretary considers advisable, a copy of each report which was submitted to the Secretary under [section 3501 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section3501&num=0&edition=prelim) during such 6-month period and which involved agricultural land located in such State.

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Source file: Laws/federal/codes/united-states-code/title-7/section-3505-reports-to-the-states--d6bafd432f.md
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Source location: Title 7, Chapter 66, § 3505; chapter-066-agricultural-foreign-investment-disclosure.md

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 3501 — Reporting requirements

**(a) Acquisitions or transfers of certain agricultural land interests by foreign persons** Any foreign person who acquires or transfers any interest, other than a security interest, in agricultural land shall submit a report to the Secretary of Agriculture not later than 90 days after the date of such acquisition or transfer. Such report shall be submitted in such form and in accordance with such procedures as the Secretary may require and shall contain— (1) the legal name and the address of such foreign person; (2) in any case in which such foreign person is an individual, the citizenship of such foreign person; (3) in any case in which such foreign person is not an individual or a government, the nature of the legal entity holding the interest, the country in which such foreign person is created or organized, and the principal place of business of such foreign person; (4) the type of interest in agricultural land which such foreign person acquired or transferred; (5) the legal description and acreage of such agricultural land; (6) the purchase price paid for, or any other consideration given for, such interest; (7) in any case in which such foreign person transfers such interest, the legal name and the address of the person to whom such interest is transferred and— (A) in any case in which such transferee is an individual, the citizenship of such transferee; and (B) in any case in which such transferee is not an individual or a government, the nature of the legal entity holding the interest, the country in which such transferee is created or organized, and the principal place of business of such transferee; (8) the agricultural purposes for which such foreign person intends, on the date on which such report is submitted to the Secretary, to use such agr

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 3505 — Reports to the States

Page 1663 TITLE 7—AGRICULTURE § 3505 1 So in original. Probably should be ‘‘principal’’. contained in any report submitted under sub- section (e) of the section, the Secretary may re- quire such person to submit to the Secretary a report containing— (A) the legal name and the address of any person who holds any interest in the person submitting the report under this subsection; (B) in any case in which the holder of such interest is an individual, the citizenship of such holder; and (C) in any case in which the holder of such interest is not an individual or a government, the nature of the legal entity holding the in- terest, the country in which such holder is cre- ated or organized, and the principle 1 place of business of such holder. (Pub. L. 95–460, § 2, Oct. 14, 1978, 92 Stat. 1263.) Editorial Notes REFERENCES IN TEXT For the effective date of this section, referred to in subsecs. (b) to (d), see section 10(b) of Pub. L. 95–460, set out as an Effective Date note below. Statutory Notes and Related Subsidiaries EFFECTIVE DATE Pub. L. 95–460, § 10, Oct. 14, 1978, 92 Stat. 1267, provided that: ‘‘(a) Except as provided in subsection (b) of this sec- tion, this Act [enacting this chapter] shall become ef- fective on the date of the enactment of this Act [Oct. 14, 1978]. ‘‘(b) Section 2 [section 3501 of this title] shall become effective on the date on which regulations prescribed by the Secretary under section 8 [section 3507 of this title] become effective.’’ SHORT TITLE Pub. L. 95–460, § 1, Oct. 14, 1978, 92 Stat. 1263, provided that: ‘‘This Act [enacting this chapter] may be cited as the ‘Agricultural Foreign Investment Disclosure Act of 1978’.’’ REPORT TO CONGRESS ON FOREIGN INVESTMENTS IN AGRICULTURAL LAND IN THE UNITED STATES Pub. L.

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