AB40-SA32,2,27
710.02
(3) Use of land restricted. Land in excess of 640 acres, acquired by
8a person listed under sub. (1) other than a person listed under sub. (2) (a), (b)
, or (c)
9for an activity listed under
s. 710.02 (2) (d), 2011 stats., or sub. (2)
(d), (e), (f)
, or (g),
10may not be used directly or indirectly by that person for any activity not under
s.
11710.02 (2) (d), 2011 stats., or sub. (2)
(d), (e), (f)
, or (g). Pending the conversion and
12development of the land for a purpose permitted under
s. 710.02 (2) (d), 2011 stats.,
13or sub. (2)
(d), (e), (f)
, or (g), it may be used for agriculture or forestry purposes under
1a lease to a person not subject to sub. (1). Products of the land may be sold by the
2lessee to the owner of the land.
AB40-SA32,2,84
710.02
(4) (a) 2. If the interest in land is acquired, owned
, or held under an
5exception set forth in sub. (2), a statement which sets forth the specific exception and,
6if under
s. 710.02 (2) (d), 2011 stats., or sub. (2)
(d), (e), (f)
, or (g), the timetable and
7plan for conversion and development to a purpose permitted under sub. (2)
(d), (e),
8(f)
, or (g).".
AB40-SA32,2,12
10"
(1c) Land ownership by nonresident aliens: mining exception. The treatment
11of section 710.02 (2) (d) of the statutes first applies to land acquired on the effective
12date of this subsection.".
