Senior Partners - 9

Sometimes Minority Rules

Elizabeth Williams
By  Elizabeth Williams , DTN Special Correspondent
"Majority owners of farm corporations with minority shareholders now have a new concern," said Iowa attorney David Repp. "Do they purchase a new farm or tuck capital away to buy out a shareholder?"
"Majority owners of farm corporations with minority shareholders now have a new concern," said Iowa attorney David Repp. "Do they purchase a new farm or tuck capital away to buy out a shareholder?"
A landmark Iowa Supreme Court ruling forces on-farm operators to play fair with minority partners. That precedent means off-farm heirs may need regular dividends and farmland values close to market prices when they exit.

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Elizabeth Williams

Elizabeth Williams
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