{"data":{"id":"us-sd/sdcl-43-2b-9","jurisdiction":"us-sd","citation":"SDCL § 43-2B-9","heading":"Applicability.","body":"This chapter does not apply to:\n(1) Any real property interest held by an entity that has received clearance, approval, or a determination of no unresolved national security concerns from the Committee on Foreign Investment in the United States, including any entity operating in compliance with a mitigation or national security agreement under section 721 of the Defense Production Act of 1950, 50 U.S.C. § 4565 (January 1, 2026);\n(2) The exchange, expansion, purchase, relocation, or sale of a real property interest approved by the governing body of a county, municipality, or other political subdivision of this state;\n(3) Any real property interest held by a prohibited entity solely for the purpose of securing indebtedness, if the prohibited entity does not take possession of, or obtain voting or managerial control over, the real property interest;\n(4) Stock ownership in a publicly traded entity by a foreign person, as defined in § 43-2A-1, if the foreign person does not control or operate the publicly traded entity, provided that de minimis stock ownership is not considered control or operation for purposes of this section;\n(5) Any real property interest held by an individual who is a lawful permanent resident or citizen of the United States, including a dual citizen; or\n(6) Any real property interest held by an individual with lawful status, as defined in § 32-12-1.1.","path":["TITLE 43. PROPERTY","CHAPTER 43-2B. FOREIGN OWNERSHIP OF LAND"],"source_url":"https://sdlegislature.gov/Statutes/43-2B-9","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"19bbb1a30a4f208b73c94b425cb2b3486bf4231955a1ac40a09e42b1aa5e924b","source_id":"us-sd","stale":false,"prev":"us-sd/sdcl-43-2b-8","next":"us-sd/sdcl-43-3-1"},"notice":"GroundRules: Original legal text. Not legal advice."}