S.D. Codified Laws § 43-2A-5

Current through the 2024 Legislative Session
Section 43-2A-5 - Nonresident alien becoming bona fide resident-Right to acquire agricultural land

Any foreign person who is or becomes a resident may acquire and hold agricultural land in this state, upon the same terms as a resident of this state, during the continuance of the residency.

If the foreign person ceases to be a resident, the foreign person has three years from the time the residency is terminated to dispose of agricultural land in excess of one hundred sixty acres.

SDCL 43-2A-5

SL 1979, ch 291, § 3; SL 2024, ch 176, §5.
Amended by S.L. 2024, ch. 176,s. 5, eff. 7/1/2024.