S.D. Codified Laws § 59-11-24.2

Current through the 2024 Legislative Session

Section 59-11-24.2 - Annual report-Definitions

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.

SDCL 59-11-24.2

SL 2023, ch 169, §3.

Added by S.L. 2023, ch. 169,s. 3, eff. 7/1/2023.