S0204: Alien Ownership of Real Property

Legislative Summary

Amend The South Carolina Code Of Laws By Amending Section 27-13-30, Relating To The Limitation On Alien Land Ownership, So As To Provide That Corporations Controlled By A Foreign Adversary Cannot Acquire An Interest In Real Property In This State; To Define Necessary Terms; And To Reduce The Amount Of Real Property That An Alien Or Corporation May Acquire An Interest In From Five Hundred Thousand Acres To One Thousand Acres; And By Adding Section 15-35-190 So As To Provide That In A Civil Action Initiated By A Party Controlled By A Foreign Adversary, The Party Adverse To The Party Controlled By A Foreign Adversary Is Entitled To Summary Judgment In His Favor If That Party Shows To The Court That The Party Controlled By A Foreign Adversary Is Engaged In An Abuse Of Process.