§ 43-2A-1 “Agricultural land” defined
§ 43-2A-2 Maximum alien ownership of agricultural land–Exceptions
§ 43-2A-3 Agricultural land acquired by devise or descent–Time to alienate title
§ 43-2A-4 Aliens acquiring agricultural land by process of law–Time to alienate title
§ 43-2A-5 Nonresident alien becoming bona fide resident–Right to acquire agricultural land
§ 43-2A-6 Agricultural land acquired or held in violation of act–Forfeiture to state
§ 43-2A-7 Reports monitored by Department of Agriculture and Natural Resources
§ 43-2A-8 Exception for property owned by corporation for nonfarming purposes–Cement Plant Commission property

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Terms Used In South Dakota Codified Laws > Title 43 > Chapter 2A - Alien Ownership of Agricultural Land

  • Continuance: Putting off of a hearing ot trial until a later time.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Devise: To gift property by will.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.