South Dakota § 43-2B-9 - Applicability.
Full text of South Dakota South Dakota Codified Laws § 43-2B-9 — Applicability., with citation guidance and answers to common questions.
§ 43-2B-9. Applicability.
This chapter does not apply to:
(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);
(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;
(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;
(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;
(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
(6) Any real property interest held by an individual with lawful status, as defined in § 32-12-1.1.
Source: SL 2026, ch 177, § 9.
Frequently Asked Questions About South Dakota § 43-2B-9
What does South Dakota Codified Laws § 43-2B-9 cover?
Section 43-2B-9 ("Applicability.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 43-2B-9?
A common citation format is "South Dakota Codified Laws § 43-2B-9" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 43-2B-9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.