<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s0623602191704ccc8ac08efb2dbe2ca4Normal { text-align: center; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0623602191704ccc8ac08efb2dbe2ca4HG4 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s0623602191704ccc8ac08efb2dbe2ca4Normal-000000 { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0623602191704ccc8ac08efb2dbe2ca4000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s0623602191704ccc8ac08efb2dbe2ca4B { margin-left: 1.38in; text-indent: -1.38in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B - FOREIGN OWNERSHIP OF LAND"><meta property="og:description" content="SDLRC Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND"><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4Normal"><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4HG4">CHAPTER </span><a href="https://sdlegislature.gov/Statutes?Statute=43-2B" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B</span></a></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4Normal"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">FOREIGN OWNERSHIP OF LAND</span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4Normal-000000"><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4000001"> </span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4B"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-1" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B-1</span></a><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">    Definitions.</span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4B"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-2" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B-2</span></a><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">    Prohibitions on foreign ownership.</span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4B"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-3" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B-3</span></a><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">    Time to dispose interest.</span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4B"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-4" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B-4</span></a><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">    Attorney general investigation of allegation--Subpoena power.</span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4B"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-5" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B-5</span></a><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">    Enforcement--Interest forfeiture or termination--Venue--Time to bring action--Judgment--Lis pendens.</span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4B"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-6" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B-6</span></a><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">    Forfeited interest--Distribution of sale proceeds--Priority.</span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4B"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-7" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B-7</span></a><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">    No duty to inquire unless expressly required--Liability limited.</span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4B"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-8" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B-8</span></a><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">    No cause of action against state--No limitation on penalty or remedy.</span></p><p dir="ltr" class="s0623602191704ccc8ac08efb2dbe2ca4B"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-9" rel="noopener"><span class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">43-2B-9</span></a><span xml:space="preserve" class="s0623602191704ccc8ac08efb2dbe2ca4DefaultParagraphFont">    Applicability.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s0cc7537078b6497e99b140e4b0a8a1beNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0cc7537078b6497e99b140e4b0a8a1beSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s0cc7537078b6497e99b140e4b0a8a1beCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s0cc7537078b6497e99b140e4b0a8a1beStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0cc7537078b6497e99b140e4b0a8a1beDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s0cc7537078b6497e99b140e4b0a8a1beStatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s0cc7537078b6497e99b140e4b0a8a1be000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s0cc7537078b6497e99b140e4b0a8a1beNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0cc7537078b6497e99b140e4b0a8a1beDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s0cc7537078b6497e99b140e4b0a8a1beSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B-1 - Definitions."><meta property="og:description" content="SDLRC Codified Law 43-2B-1 - Definitions."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B-1"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s0cc7537078b6497e99b140e4b0a8a1beNormal"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-1" rel="noopener"><span class="s0cc7537078b6497e99b140e4b0a8a1beSENU">43-2B-1</span></a><span xml:space="preserve" class="s0cc7537078b6497e99b140e4b0a8a1beSENU">. </span><span class="s0cc7537078b6497e99b140e4b0a8a1beCL">Definitions.</span></p><p dir="ltr" class="s0cc7537078b6497e99b140e4b0a8a1beStatute"><span class="s0cc7537078b6497e99b140e4b0a8a1beDefaultParagraphFont">Terms used in this chapter mean:</span></p><p dir="ltr" class="s0cc7537078b6497e99b140e4b0a8a1beStatuteNumber1"><span class="s0cc7537078b6497e99b140e4b0a8a1beDefaultParagraphFont">(1)    "Military installation," any federally or state owned, leased, or operated base, building, camp, post, reservation, or other facility to which active duty or reserve members of the armed forces or civilian employees are assigned pursuant to orders issued by the United States Department of Defense or the South Dakota National Guard;</span></p><p dir="ltr" class="s0cc7537078b6497e99b140e4b0a8a1beStatuteNumber1"><span xml:space="preserve" class="s0cc7537078b6497e99b140e4b0a8a1beDefaultParagraphFont">(2)    "Prohibited entity," any entity as defined in § </span><a href="https://sdlegislature.gov/Statutes?Statute=43-2A-1" rel="noopener"><span class="s0cc7537078b6497e99b140e4b0a8a1beDefaultParagraphFont">43-2A-1</span></a><span class="s0cc7537078b6497e99b140e4b0a8a1beDefaultParagraphFont">; and</span></p><p dir="ltr" class="s0cc7537078b6497e99b140e4b0a8a1beStatuteNumber1"><span class="s0cc7537078b6497e99b140e4b0a8a1beDefaultParagraphFont">(3)    "Real property interest," any direct or indirect legal or equitable stake in real property as evidenced by a contract for deed, deed, easement, lease, option, purchase agreement, trust, or other instrument.</span></p><p dir="ltr" class="s0cc7537078b6497e99b140e4b0a8a1beNormal"><span xml:space="preserve" class="s0cc7537078b6497e99b140e4b0a8a1be000000"> </span></p><p dir="ltr" class="s0cc7537078b6497e99b140e4b0a8a1beNoIndent"><span xml:space="preserve" class="s0cc7537078b6497e99b140e4b0a8a1beDefaultParagraphFont-000001">Source: </span><span class="s0cc7537078b6497e99b140e4b0a8a1beSCL">SL 2026, ch 177, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s699993fd810f465283a1fcdb8b9d5050Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s699993fd810f465283a1fcdb8b9d5050SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s699993fd810f465283a1fcdb8b9d5050CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s699993fd810f465283a1fcdb8b9d5050Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s699993fd810f465283a1fcdb8b9d5050DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s699993fd810f465283a1fcdb8b9d5050StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s699993fd810f465283a1fcdb8b9d5050000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s699993fd810f465283a1fcdb8b9d5050NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s699993fd810f465283a1fcdb8b9d5050DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s699993fd810f465283a1fcdb8b9d5050SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B-2 - Prohibitions on foreign ownership."><meta property="og:description" content="SDLRC Codified Law 43-2B-2 - Prohibitions on foreign ownership."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B-2"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s699993fd810f465283a1fcdb8b9d5050Normal"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-2" rel="noopener"><span class="s699993fd810f465283a1fcdb8b9d5050SENU">43-2B-2</span></a><span xml:space="preserve" class="s699993fd810f465283a1fcdb8b9d5050SENU">. </span><span class="s699993fd810f465283a1fcdb8b9d5050CL">Prohibitions on foreign ownership.</span></p><p dir="ltr" class="s699993fd810f465283a1fcdb8b9d5050Statute"><span xml:space="preserve" class="s699993fd810f465283a1fcdb8b9d5050DefaultParagraphFont">After the expiration of any applicable divestment period provided in § </span><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-3" rel="noopener"><span class="s699993fd810f465283a1fcdb8b9d5050DefaultParagraphFont">43-2B-3</span></a><span class="s699993fd810f465283a1fcdb8b9d5050DefaultParagraphFont">, a prohibited entity may not, during any time in which there exists a military installation in this state:</span></p><p dir="ltr" class="s699993fd810f465283a1fcdb8b9d5050StatuteNumber1"><span class="s699993fd810f465283a1fcdb8b9d5050DefaultParagraphFont">(1)    Hold or obtain any real property interest located, in whole or in part, in this state; or</span></p><p dir="ltr" class="s699993fd810f465283a1fcdb8b9d5050StatuteNumber1"><span class="s699993fd810f465283a1fcdb8b9d5050DefaultParagraphFont">(2)    Directly or indirectly control, finance, or hold a legal or equitable interest in any entity that holds a real property interest in this state.</span></p><p dir="ltr" class="s699993fd810f465283a1fcdb8b9d5050Normal"><span xml:space="preserve" class="s699993fd810f465283a1fcdb8b9d5050000000"> </span></p><p dir="ltr" class="s699993fd810f465283a1fcdb8b9d5050NoIndent"><span xml:space="preserve" class="s699993fd810f465283a1fcdb8b9d5050DefaultParagraphFont-000001">Source: </span><span class="s699993fd810f465283a1fcdb8b9d5050SCL">SL 2026, ch 177, § 2.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sf8e507e9035949299755bb03e4580f66Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf8e507e9035949299755bb03e4580f66SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf8e507e9035949299755bb03e4580f66CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sf8e507e9035949299755bb03e4580f66Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf8e507e9035949299755bb03e4580f66DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sf8e507e9035949299755bb03e4580f66StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.sf8e507e9035949299755bb03e4580f66000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sf8e507e9035949299755bb03e4580f66NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf8e507e9035949299755bb03e4580f66DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf8e507e9035949299755bb03e4580f66SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B-3 - Time to dispose interest."><meta property="og:description" content="SDLRC Codified Law 43-2B-3 - Time to dispose interest."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B-3"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sf8e507e9035949299755bb03e4580f66Normal"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-3" rel="noopener"><span class="sf8e507e9035949299755bb03e4580f66SENU">43-2B-3</span></a><span xml:space="preserve" class="sf8e507e9035949299755bb03e4580f66SENU">. </span><span class="sf8e507e9035949299755bb03e4580f66CL">Time to dispose interest.</span></p><p dir="ltr" class="sf8e507e9035949299755bb03e4580f66Statute"><span class="sf8e507e9035949299755bb03e4580f66DefaultParagraphFont">During any time in which there exists a military installation in this state, a prohibited entity that acquires a real property interest in this state:</span></p><p dir="ltr" class="sf8e507e9035949299755bb03e4580f66StatuteNumber1"><span class="sf8e507e9035949299755bb03e4580f66DefaultParagraphFont">(1)    Through descent or devise, must dispose of the interest within three years of acquiring the interest; or</span></p><p dir="ltr" class="sf8e507e9035949299755bb03e4580f66StatuteNumber1"><span class="sf8e507e9035949299755bb03e4580f66DefaultParagraphFont">(2)    By any means other than descent or devise, must dispose of the interest within two years of the date the interest was initially acquired in violation of this chapter.</span></p><p dir="ltr" class="sf8e507e9035949299755bb03e4580f66Normal"><span xml:space="preserve" class="sf8e507e9035949299755bb03e4580f66000000"> </span></p><p dir="ltr" class="sf8e507e9035949299755bb03e4580f66NoIndent"><span xml:space="preserve" class="sf8e507e9035949299755bb03e4580f66DefaultParagraphFont-000001">Source: </span><span class="sf8e507e9035949299755bb03e4580f66SCL">SL 2026, ch 177, § 3.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s18555eb4318d4f6288d399e957dcace3Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s18555eb4318d4f6288d399e957dcace3SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s18555eb4318d4f6288d399e957dcace3CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s18555eb4318d4f6288d399e957dcace3Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s18555eb4318d4f6288d399e957dcace3StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s18555eb4318d4f6288d399e957dcace3000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s18555eb4318d4f6288d399e957dcace3NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s18555eb4318d4f6288d399e957dcace3SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B-4 - Attorney general investigation of allegation--Subpoena power."><meta property="og:description" content="SDLRC Codified Law 43-2B-4 - Attorney general investigation of allegation--Subpoena power."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B-4"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3Normal"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-4" rel="noopener"><span class="s18555eb4318d4f6288d399e957dcace3SENU">43-2B-4</span></a><span xml:space="preserve" class="s18555eb4318d4f6288d399e957dcace3SENU">. </span><span class="s18555eb4318d4f6288d399e957dcace3CL">Attorney general investigation of allegation--Subpoena power.</span></p><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3Statute"><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">The attorney general shall investigate any alleged violation of this chapter.</span></p><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3Statute"><span xml:space="preserve" class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">Upon commencing an enforcement action pursuant to § </span><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-5" rel="noopener"><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">43-2B-5</span></a><span xml:space="preserve" class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">, the attorney general may, in addition to any authority granted under §§ </span><a href="https://sdlegislature.gov/Statutes?Statute=15-6-28.2" rel="noopener"><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">15-6-28.2</span></a><span xml:space="preserve" class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes?Statute=15-6-28.4" rel="noopener"><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">15-6-28.4</span></a><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">, inclusive, subpoena from any prohibited entity, any:</span></p><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3StatuteNumber1"><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">(1)    Contract, purchase agreement, or other transaction document related to a real property interest in this state;</span></p><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3StatuteNumber1"><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">(2)    Deed or title to the interest;</span></p><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3StatuteNumber1"><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">(3)    Documentation concerning the financing or ownership of the interest;</span></p><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3StatuteNumber1"><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">(4)    Documentation identifying any party to a transaction related to the interest; and</span></p><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3StatuteNumber1"><span class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont">(5)    Any other documentation or information necessary to investigate or substantiate an alleged violation of this chapter.</span></p><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3Normal"><span xml:space="preserve" class="s18555eb4318d4f6288d399e957dcace3000000"> </span></p><p dir="ltr" class="s18555eb4318d4f6288d399e957dcace3NoIndent"><span xml:space="preserve" class="s18555eb4318d4f6288d399e957dcace3DefaultParagraphFont-000001">Source: </span><span class="s18555eb4318d4f6288d399e957dcace3SCL">SL 2026, ch 177, § 4.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s4939512cdaef48d79c6ec33b5aecd27fNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s4939512cdaef48d79c6ec33b5aecd27fSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s4939512cdaef48d79c6ec33b5aecd27fCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s4939512cdaef48d79c6ec33b5aecd27fStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s4939512cdaef48d79c6ec33b5aecd27fStatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s4939512cdaef48d79c6ec33b5aecd27f000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s4939512cdaef48d79c6ec33b5aecd27fNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s4939512cdaef48d79c6ec33b5aecd27fSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B-5 - Enforcement--Interest forfeiture or termination--Venue--Time to bring action--Judgment--Lis pendens."><meta property="og:description" content="SDLRC Codified Law 43-2B-5 - Enforcement--Interest forfeiture or termination--Venue--Time to bring action--Judgment--Lis pendens."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B-5"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fNormal"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-5" rel="noopener"><span class="s4939512cdaef48d79c6ec33b5aecd27fSENU">43-2B-5</span></a><span xml:space="preserve" class="s4939512cdaef48d79c6ec33b5aecd27fSENU">. </span><span class="s4939512cdaef48d79c6ec33b5aecd27fCL">Enforcement--Interest forfeiture or termination--Venue--Time to bring action--Judgment--Lis pendens.</span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fStatute"><span class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">The attorney general shall enforce the provisions of this chapter. Any real property interest owned in violation of this chapter must be forfeited to the state or terminated, as applicable.</span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fStatute"><span class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">Upon substantiation of an allegation that a prohibited entity holds an interest in this state in violation of this chapter, the attorney general may commence an action, in the circuit court for the county in which the real property is located, for forfeiture or termination of the interest.</span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fStatute"><span class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">The court may not order forfeiture or termination of the interest unless the action is brought within three years after evidence of the violation is referred to the attorney general.</span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fStatute"><span class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">If the court finds that the interest is held in violation of this chapter, the court must:</span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fStatuteNumber1"><span class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">(1)    Enter a judgment declaring the prohibited entity's interest void as of the date of the judgment; and</span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fStatuteNumber1"><span class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">(2)    Order that the interest be forfeited or terminated, as applicable;</span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fStatute"><span xml:space="preserve" class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">If the court orders forfeiture of the interest, the court must enter a judgment directing the attorney general to sell the property and specifying that the sale is for the benefit of the person that held the interest immediately before entry of the judgment, subject to the distribution of proceeds pursuant to § </span><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-6" rel="noopener"><span class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">43-2B-6</span></a><span class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">.</span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fStatute"><span class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont">Upon commencing an action pursuant to this section, the attorney general shall cause a notice of lis pendens to be recorded with the register of deeds for the county in which the interest is located.</span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fNormal"><span xml:space="preserve" class="s4939512cdaef48d79c6ec33b5aecd27f000000"> </span></p><p dir="ltr" class="s4939512cdaef48d79c6ec33b5aecd27fNoIndent"><span xml:space="preserve" class="s4939512cdaef48d79c6ec33b5aecd27fDefaultParagraphFont-000001">Source: </span><span class="s4939512cdaef48d79c6ec33b5aecd27fSCL">SL 2026, ch 177, § 5.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2845ddfc9e014c24a5d6c12e062baeb4Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2845ddfc9e014c24a5d6c12e062baeb4SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2845ddfc9e014c24a5d6c12e062baeb4CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2845ddfc9e014c24a5d6c12e062baeb4Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2845ddfc9e014c24a5d6c12e062baeb4StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2845ddfc9e014c24a5d6c12e062baeb4000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2845ddfc9e014c24a5d6c12e062baeb4NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2845ddfc9e014c24a5d6c12e062baeb4SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B-6 - Forfeited interest--Distribution of sale proceeds--Priority."><meta property="og:description" content="SDLRC Codified Law 43-2B-6 - Forfeited interest--Distribution of sale proceeds--Priority."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B-6"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2845ddfc9e014c24a5d6c12e062baeb4Normal"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-6" rel="noopener"><span class="s2845ddfc9e014c24a5d6c12e062baeb4SENU">43-2B-6</span></a><span xml:space="preserve" class="s2845ddfc9e014c24a5d6c12e062baeb4SENU">. </span><span class="s2845ddfc9e014c24a5d6c12e062baeb4CL">Forfeited interest--Distribution of sale proceeds--Priority.</span></p><p dir="ltr" class="s2845ddfc9e014c24a5d6c12e062baeb4Statute"><span xml:space="preserve" class="s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont">Proceeds from the sale of a real property interest ordered pursuant to § </span><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-5" rel="noopener"><span class="s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont">43-2B-5</span></a><span xml:space="preserve" class="s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont"> must be distributed in the following order:</span></p><p dir="ltr" class="s2845ddfc9e014c24a5d6c12e062baeb4StatuteNumber1"><span class="s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont">(1)    Payment of the costs of the sale, including all approved fees and expenses, and any taxes and assessments due;</span></p><p dir="ltr" class="s2845ddfc9e014c24a5d6c12e062baeb4StatuteNumber1"><span class="s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont">(2)    Payment, in an amount approved by the court, to the attorney general for reimbursement of investigation and litigation costs and expenses;</span></p><p dir="ltr" class="s2845ddfc9e014c24a5d6c12e062baeb4StatuteNumber1"><span class="s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont">(3)    Payment to bona fide lienholders, in order of priority, except for any lien remaining against the real property under the terms of the sale; and</span></p><p dir="ltr" class="s2845ddfc9e014c24a5d6c12e062baeb4StatuteNumber1"><span class="s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont">(4)    Payment of any remaining proceeds to the person that held the interest immediately before entry of judgment.</span></p><p dir="ltr" class="s2845ddfc9e014c24a5d6c12e062baeb4Normal"><span xml:space="preserve" class="s2845ddfc9e014c24a5d6c12e062baeb4000000"> </span></p><p dir="ltr" class="s2845ddfc9e014c24a5d6c12e062baeb4NoIndent"><span xml:space="preserve" class="s2845ddfc9e014c24a5d6c12e062baeb4DefaultParagraphFont-000001">Source: </span><span class="s2845ddfc9e014c24a5d6c12e062baeb4SCL">SL 2026, ch 177, § 6.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s934e6f6f1edd42cdaf230206c22b4b06Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s934e6f6f1edd42cdaf230206c22b4b06SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s934e6f6f1edd42cdaf230206c22b4b06CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s934e6f6f1edd42cdaf230206c22b4b06Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s934e6f6f1edd42cdaf230206c22b4b06DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s934e6f6f1edd42cdaf230206c22b4b06000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s934e6f6f1edd42cdaf230206c22b4b06NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s934e6f6f1edd42cdaf230206c22b4b06DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s934e6f6f1edd42cdaf230206c22b4b06SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B-7 - No duty to inquire unless expressly required--Liability limited."><meta property="og:description" content="SDLRC Codified Law 43-2B-7 - No duty to inquire unless expressly required--Liability limited."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B-7"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s934e6f6f1edd42cdaf230206c22b4b06Normal"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-7" rel="noopener"><span class="s934e6f6f1edd42cdaf230206c22b4b06SENU">43-2B-7</span></a><span xml:space="preserve" class="s934e6f6f1edd42cdaf230206c22b4b06SENU">. </span><span class="s934e6f6f1edd42cdaf230206c22b4b06CL">No duty to inquire unless expressly required--Liability limited.</span></p><p dir="ltr" class="s934e6f6f1edd42cdaf230206c22b4b06Statute"><span class="s934e6f6f1edd42cdaf230206c22b4b06DefaultParagraphFont">Except as expressly provided in this chapter, a person that is not a prohibited entity does not have any duty to determine or inquire whether another person is a prohibited entity or is otherwise subject to this chapter.</span></p><p dir="ltr" class="s934e6f6f1edd42cdaf230206c22b4b06Statute"><span class="s934e6f6f1edd42cdaf230206c22b4b06DefaultParagraphFont">A person that is not a prohibited entity may not be held liable under this chapter for failing to determine or inquire whether another person is a prohibited entity.</span></p><p dir="ltr" class="s934e6f6f1edd42cdaf230206c22b4b06Normal"><span xml:space="preserve" class="s934e6f6f1edd42cdaf230206c22b4b06000000"> </span></p><p dir="ltr" class="s934e6f6f1edd42cdaf230206c22b4b06NoIndent"><span xml:space="preserve" class="s934e6f6f1edd42cdaf230206c22b4b06DefaultParagraphFont-000001">Source: </span><span class="s934e6f6f1edd42cdaf230206c22b4b06SCL">SL 2026, ch 177, § 7.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sa8098abb22bf49238efab029174fc0efNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sa8098abb22bf49238efab029174fc0efSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sa8098abb22bf49238efab029174fc0efCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sa8098abb22bf49238efab029174fc0efStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sa8098abb22bf49238efab029174fc0efDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sa8098abb22bf49238efab029174fc0efStatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.sa8098abb22bf49238efab029174fc0ef000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sa8098abb22bf49238efab029174fc0efNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sa8098abb22bf49238efab029174fc0efDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sa8098abb22bf49238efab029174fc0efSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B-8 - No cause of action against state--No limitation on penalty or remedy."><meta property="og:description" content="SDLRC Codified Law 43-2B-8 - No cause of action against state--No limitation on penalty or remedy."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B-8"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sa8098abb22bf49238efab029174fc0efNormal"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-8" rel="noopener"><span class="sa8098abb22bf49238efab029174fc0efSENU">43-2B-8</span></a><span xml:space="preserve" class="sa8098abb22bf49238efab029174fc0efSENU">. </span><span class="sa8098abb22bf49238efab029174fc0efCL">No cause of action against state--No limitation on penalty or remedy.</span></p><p dir="ltr" class="sa8098abb22bf49238efab029174fc0efStatute"><span class="sa8098abb22bf49238efab029174fc0efDefaultParagraphFont">Nothing in this chapter:</span></p><p dir="ltr" class="sa8098abb22bf49238efab029174fc0efStatuteNumber1"><span class="sa8098abb22bf49238efab029174fc0efDefaultParagraphFont">(1)    Creates a cause of action against the state or limits the discretion of the attorney general to decline to bring an action under this chapter; or</span></p><p dir="ltr" class="sa8098abb22bf49238efab029174fc0efStatuteNumber1"><span xml:space="preserve" class="sa8098abb22bf49238efab029174fc0efDefaultParagraphFont">(2)    Limits any penalty or remedy set forth in chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=43-2A" rel="noopener"><span class="sa8098abb22bf49238efab029174fc0efDefaultParagraphFont">43-2A</span></a><span xml:space="preserve" class="sa8098abb22bf49238efab029174fc0efDefaultParagraphFont"> regarding the ownership or leasing of agricultural land.</span></p><p dir="ltr" class="sa8098abb22bf49238efab029174fc0efNormal"><span xml:space="preserve" class="sa8098abb22bf49238efab029174fc0ef000000"> </span></p><p dir="ltr" class="sa8098abb22bf49238efab029174fc0efNoIndent"><span xml:space="preserve" class="sa8098abb22bf49238efab029174fc0efDefaultParagraphFont-000001">Source: </span><span class="sa8098abb22bf49238efab029174fc0efSCL">SL 2026, ch 177, § 8.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-2B - FOREIGN OWNERSHIP OF LAND</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s3e124f6ce94946bc8dbccb5cdd555d79Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s3e124f6ce94946bc8dbccb5cdd555d79SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s3e124f6ce94946bc8dbccb5cdd555d79CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s3e124f6ce94946bc8dbccb5cdd555d79Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s3e124f6ce94946bc8dbccb5cdd555d79StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s3e124f6ce94946bc8dbccb5cdd555d79000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s3e124f6ce94946bc8dbccb5cdd555d79NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s3e124f6ce94946bc8dbccb5cdd555d79SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 43-2B-9 - Applicability."><meta property="og:description" content="SDLRC Codified Law 43-2B-9 - Applicability."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/43-2B-9"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79Normal"><a href="https://sdlegislature.gov/Statutes?Statute=43-2B-9" rel="noopener"><span class="s3e124f6ce94946bc8dbccb5cdd555d79SENU">43-2B-9</span></a><span xml:space="preserve" class="s3e124f6ce94946bc8dbccb5cdd555d79SENU">. </span><span class="s3e124f6ce94946bc8dbccb5cdd555d79CL">Applicability.</span></p><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79Statute"><span class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">This chapter does not apply to:</span></p><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79StatuteNumber1"><span class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">(1)    Any real property interest held by an entity that has received clearance, approval, or a determination of no unresolved national security concerns from the Committee on Foreign Investment in the United States, including any entity operating in compliance with a mitigation or national security agreement under section 721 of the Defense Production Act of 1950, 50 U.S.C. § 4565 (January 1, 2026);</span></p><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79StatuteNumber1"><span class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">(2)    The exchange, expansion, purchase, relocation, or sale of a real property interest approved by the governing body of a county, municipality, or other political subdivision of this state;</span></p><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79StatuteNumber1"><span class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">(3)    Any real property interest held by a prohibited entity solely for the purpose of securing indebtedness, if the prohibited entity does not take possession of, or obtain voting or managerial control over, the real property interest;</span></p><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79StatuteNumber1"><span xml:space="preserve" class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">(4)    Stock ownership in a publicly traded entity by a foreign person, as defined in § </span><a href="https://sdlegislature.gov/Statutes?Statute=43-2A-1" rel="noopener"><span class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">43-2A-1</span></a><span class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">, if the foreign person does not control or operate the publicly traded entity, provided that de minimis stock ownership is not considered control or operation for purposes of this section;</span></p><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79StatuteNumber1"><span class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">(5)    Any real property interest held by an individual who is a lawful permanent resident or citizen of the United States, including a dual citizen; or</span></p><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79StatuteNumber1"><span xml:space="preserve" class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">(6)    Any real property interest held by an individual with lawful status, as defined in § </span><a href="https://sdlegislature.gov/Statutes?Statute=32-12-1.1" rel="noopener"><span class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">32-12-1.1</span></a><span class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont">.</span></p><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79Normal"><span xml:space="preserve" class="s3e124f6ce94946bc8dbccb5cdd555d79000000"> </span></p><p dir="ltr" class="s3e124f6ce94946bc8dbccb5cdd555d79NoIndent"><span xml:space="preserve" class="s3e124f6ce94946bc8dbccb5cdd555d79DefaultParagraphFont-000001">Source: </span><span class="s3e124f6ce94946bc8dbccb5cdd555d79SCL">SL 2026, ch 177, § 9.</span></p></div></body></html>