2012 South Dakota Codified Laws
Title 47 CORPORATIONS
Chapter 09A. Corporate Farming Restrictions
§47-9A-8 Gifts to nonprofit corporations exempt.


SD Codified L § 47-9A-8 (through 2012) What's This?


47-9A-8. Gifts to nonprofit corporations exempt. The restrictions of §§ 47-9A-1 and 47-9A-3 do not apply to gifts of agricultural lands, either by grant or devise, to any corporation organized under chapter 47-22.

Source: SL 1974, ch 294, § 4 (7); SL 2004, ch 277, § 6.

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