; (B) a privately held or publicly traded legal entity that has as its parent or subsidiary a management or holding company; or (C) a privately held or publicly traded legal entity that engages in intramarket transfers using special purpose vehicles. (12) Natural person The term natural person means a human being. (13) Ownership interest (A) In general The term ownership interest , with respect to agricultural land, means all interest acquired, transferred, or held in the agricultural land. (B) Exclusions The term ownership interest , with respect to agricultural land, does not include— (i) security interests; (ii) contingent future interests; (iii) noncontingent future interests that do not become possessory on the termination of the present possessory estate; (iv) surface or subsurface easements and rights-of-way used for a purpose unrelated to agricultural production; and (v) an interest solely in mineral rights. (14) Pension or investment fund The term pension or investment fund means— (A) a pension or employee welfare benefit fund (however organized); (B) a mutual fund; (C) a life insurance company separate account; (D) a common trust of a bank or other trustee established for the investment and reinvestment of money contributed to the common trust; (E) a real estate investment trust; and (F) an investment company (as defined in section 3(a) of the Investment Company Act of 1940 ( 15 U.S.C. 80a–3(a) )). (15) Secretary The term Secretary means the Secretary of Agriculture. (16) State The term State means— (A) each of the 50 States; (B) the District of Columbia; (C) the Commonwealth of Puerto Rico; (D) the United States Virgin Islands