Ind. Code § 32-22-4-1

Current through P.L. 171-2024

Section 32-22-4-1 - Prohibition on business entities from Russian Federation acquiring land

A corporation, professional corporation, nonprofit corporation, limited liability company, partnership, limited partnership, or other business entity that is:

(1) organized under the laws of the Russian Federation; or

(2) wholly controlled by a citizen or citizens of the Russian Federation who are not legal residents of the United States;

may not acquire by grant, purchase, devise, descent, or otherwise any real property located within Indiana.

IC 32-22-4-1

Added by P.L. 156-2022,SEC. 3, eff. 7/1/2022.