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. Source: SL 2023, ch 169, §3.
South Dakota Legal Code