In order t o fully utilize rural land and obtain the largest p rofit for peasants, at p resent, s ome regi ons of China carry out the policy formaking rural contracted land use rights become a shareholder of an enter p rise s o as t o increase the use efficiency of the land and t o realize maxi mum p r ofit . Because China does not have matched laws and regulati ons, however, this reform is unavoidable to have legal disputes . Agricultural Company Law or the third thorough land revoluti on can effectively solve the legal disputes . Especially, thorough land refor m can basically solve all p r oblems from nati on - collective dual land ownershi p structure, which should be emphasized by legislators .