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S.D. Codified Laws § 59-11-24.2

Annual report--Definitions

Known as the Model Registered Agents Act

The act spans §§ 59-11-1 to 59-11-9 (30 sections).

Source: SL 2023, ch 169, § 3.

Terms used in § 59-11-24 and this section mean:

(1) "Foreign beneficial owner," a foreign government, a natural person who is not a United States citizen, an entity registered outside the United States or its territories, or an entity owned by a foreign government or natural person who is not a United States citizen; and

(2) "Foreign government," a government or the state-controlled enterprise of a government, other than the United States, its states, or its territories.

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