S.D. Codified Laws § 43-2A-1

Current through the 2024 Legislative Session

Section 43-2A-1 - Definitions

Terms used in this chapter mean:

(1) "Agricultural land," land capable of being used in the production of:

(a) Agricultural crops;

(b) Fruit and other horticultural products;

(c) Livestock or livestock products;

(d) Milk or dairy products;

(e) Poultry or poultry products; or

(f) Timber;

(2) "Foreign entity," any organization that:

(a) Is registered outside of the United States or its territories; or

(b) Has more than ten percent ownership by a foreign government, foreign person, or any combination thereof. However, this permissive threshold does not apply to a prohibited entity;

(3) "Foreign government," a government or state-controlled enterprise of a government, other than the United States, its states, its territories, or its federally recognized Indian tribes;

(4) "Foreign person," a natural person who is not a United States citizen or a resident;

(5) "Prohibited entity," a foreign entity from, foreign government from, or foreign person from:

(a) The People's Republic of China;

(b) The Republic of Cuba;

(c) The Islamic Republic of Iran;

(d) The Democratic People's Republic of Korea;

(e) The Russian Federation; or

(f) The Bolivarian Republic of Venezuela; and

(6) "Resident", any individual who is a legal resident of this state, of another state or territory of the United States, or of the District of Columbia, and makes no claim of residency in a foreign country.

SDCL 43-2A-1

SL 1979, ch 291, § 7; SL 2024, ch 176, §1.

Amended by S.L. 2024, ch. 176,s. 1, eff. 7/1/2024.