43-2A-2. Maximum alien ownership of agricultural land--Exceptions.
No alien, who is not a resident of this state, of some state or territory of the United States or of the District of Columbia; and no foreign government shall hereafter acquire agricultural lands, or any interest therein, exceeding one hundred sixty acres, except such as may be acquired by devise or inheritance, and such as may be held as security for indebtedness. The provisions of this section do not apply to citizens, foreign governments or subjects of a foreign country whose right to hold land are secured by treaty.
Source: SL 1979, ch 291, ยง1.
Structure South Dakota Codified Laws
Chapter 02A - Alien Ownership Of Agricultural Land
Section 43-2A-1 - "Agricultural land" defined.
Section 43-2A-2 - Maximum alien ownership of agricultural land--Exceptions.
Section 43-2A-3 - Agricultural land acquired by devise or descent--Time to alienate title.
Section 43-2A-4 - Aliens acquiring agricultural land by process of law--Time to alienate title.
Section 43-2A-5 - Nonresident alien becoming bona fide resident--Right to acquire agricultural land.
Section 43-2A-6 - Agricultural land acquired or held in violation of act--Forfeiture to state.
Section 43-2A-7 - Reports monitored by Department of Agriculture and Natural Resources.