The huge losses suffered this year as a result of hurricanes, especially Hurricane Katrina, have focused a great deal of attention on the options available to property owners in the wake of a casualty. The discussion below emphasizes involuntary conversions, particularly with respect to the time for reinvestment and the latitude for selecting reinvestment property. A future article will deal with casualty losses.
Harl, Neil E.
"Involuntary Conversions From Storm Losses and Other Casualties,"
Agricultural Law Digest: Vol. 16
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol16/iss20/1