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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) A foreign adversary may not:
(a) buy, lease, or rent critical infrastructure, land used for agricultural production, or real property or a residence that has a direct line of sight to any part of a military installation from an entity provided for in this title; or
(b) enter into a contract with an entity provided for in this title that results in the foreign adversary's control of agricultural production land or critical infrastructure in this state.
(2) A foreign adversary that violates this section shall divest from its interest in critical infrastructure or land used for agricultural production within 1 year, after which time the property may be sold at public auction by the county sheriff of any county where the critical infrastructure or land used for agricultural production is located.
(3) The attorney general or county where the critical infrastructure or land used for agricultural production is located may bring a suit to enforce this section.
(4) As used in this section, the following definitions apply:
(a) “Agricultural production”:
(i) has the meaning provided in 82-10-502; and
(ii) includes homesteads with one or more acres of improvements.
(b) “Critical infrastructure” has the meaning provided in 82-1-601.
(c) “Foreign adversary” means any foreign government or foreign nongovernment person determined by the secretary of commerce to have engaged in a long-term pattern or serious instances of conduct significantly adverse to the national security of the United States or the security and safety of the people of the United States for the purposes of sections (3)(a) and (3)(b) of Executive Order No. 13873 of May 15, 2019, or a corporation, however constituted, domiciled or headquartered in a nation determined to be a foreign adversary, or a corporation over which a foreign adversary has a controlling interest.
Cite this article: FindLaw.com - Montana Title 35. Corporations, Partnerships, and Associations § 35-30-103.1] Prohibited transactions with foreign adversaries - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-35-corporations-partnerships-and-associations/mt-st-35-30-103/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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