South Dakota Statutes
§ 47-9A-3 — Corporate farming and acquisition of interest in farm real estate prohibited.
South Dakota § 47-9A-3
This text of South Dakota § 47-9A-3 (Corporate farming and acquisition of interest in farm real estate prohibited.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 47-9A-3 (2026).
Text
Except as provided herein, no foreign or domestic corporation may engage in farming; nor may any foreign or domestic corporation, directly or indirectly, own, acquire, or otherwise obtain an interest, whether legal, beneficial or otherwise, in any title to real estate used for farming or capable of being used for farming in this state.
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Related
Estate of Fisher v. Fisher
2002 SD 62 (South Dakota Supreme Court, 2002)
Estate of Fischer v. Fischer
2002 SD 62 (South Dakota Supreme Court, 2002)
Legislative History
SL 1974, ch 294, § 4; SL 1991, ch 377, § 2.
Nearby Sections
15
§ 47-1-1
Repealed§ 47-1-3
Repealed§ 47-10-1
Purposes of corporations.§ 47-10-10
Incorporators.§ 47-10-11
Directors--Number and term of office.§ 47-10-13
Accumulation of surplus--Use of surplus.§ 47-10-14
Persons authorized to hold common stock.§ 47-10-18
Nonstockholder members--Duty to lend.§ 47-10-2
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Bluebook (online)
South Dakota § 47-9A-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-9A-3.