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<blockquote data-quote="Obi-Wan" data-source="post: 461663" data-attributes="member: 709">Un-informed is no way to vote on anything. Maybe yourself and others believing&nbsp; that Blackrock or other big investment firms would buy up farm land should have looked up the actual laws in ND and would have found out that they would not have met the criteria - it took me all of 2 seconds.&nbsp; &nbsp;&nbsp; <a href="https://www.fredlaw.com/alert-north-dakota-loosens-corporate-farming-restrictions" target="_blank">These criteria include having no more than 10 total members or shareholders, 51 percent or more ownership by active farmers or ranchers in an LLC, or 75 percent or more ownership by active farmers or ranchers in a corporation. Additionally, the land must be 100 percent owned by U.S. citizens, resident aliens, or authorized individuals, and the land must be actively owned and managed by the partners.</a>It was explained that initiated measures are not allowed come up with tax law as that is the job of the legislative branch as per the constitution, but are allowed to say what can't be&nbsp; taxed.[ATTACH=full]78234[/ATTACH]</blockquote>

[QUOTE="Obi-Wan, post: 461663, member: 709"] Un-informed is no way to vote on anything. Maybe yourself and others believing that Blackrock or other big investment firms would buy up farm land should have looked up the actual laws in ND and would have found out that they would not have met the criteria - it took me all of 2 seconds. [URL='https://www.fredlaw.com/alert-north-dakota-loosens-corporate-farming-restrictions']These criteria include having no more than 10 total members or shareholders, 51 percent or more ownership by active farmers or ranchers in an LLC, or 75 percent or more ownership by active farmers or ranchers in a corporation. Additionally, the land must be 100 percent owned by U.S. citizens, resident aliens, or authorized individuals, and the land must be actively owned and managed by the partners.[/URL] It was explained that initiated measures are not allowed come up with tax law as that is the job of the legislative branch as per the constitution, but are allowed to say what can't be taxed. [ATTACH type="full" width="642px"]78234[/ATTACH] [/QUOTE]

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