43-2A-4. Aliens acquiring agricultural land by process of law--Time to alienate title.
The prohibitions of §43-2A-2 do not apply to agricultural lands acquired by process of law in the collection of debts, or by any procedure for the enforcement of a lien or claim thereon, whether created by mortgage or otherwise. However, all agricultural lands so acquired shall be disposed of within three years after acquiring title.
Source: SL 1979, ch 291, §2.
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.