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S.D. Codified Laws § 43-2B-2

Prohibitions on foreign ownership

Source: SL 2026, ch 177, § 2.

Effective July 1, 2026

43-2B-2. Prohibitions on foreign ownership.

After the expiration of any applicable divestment period provided in § 43-2B-3, a prohibited entity may not, during any time in which there exists a military installation in this state:

(1) Hold or obtain any real property interest located, in whole or in part, in this state; or

(2) Directly or indirectly control, finance, or hold a legal or equitable interest in any entity that holds a real property interest in this state.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.