An Act to remove certain restrictions on gifts of agricultural land.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. That § 47-9A-8 be AMENDED.
47-9A-8. Agricultural land--Gift--Restrictions--Applicability.
The restrictions of
in
§§ 47-9A-1
and 47-9A-3
do not apply to gifts
a
gift of
agricultural
lands, either
land, whether
by grant or devise, to any corporation
organized under chapter 47-22
nonprofit entity organized under the laws of this state and
registered with the secretary of state.
Signed March 24, 2021
Catchlines are not law. (§ 2-16-13.1) Underscores indicate new language.
Overstrikes
indicate deleted language.