§3615. Exceptions
The provisions of this Part shall not apply to foreign business entities that might
otherwise qualify as a foreign adversary owning agricultural lands under the following
circumstances:
(1) If the right is guaranteed by a treaty or if the person's country of origin affords
certain real estate rights to United States citizens.
(2) If a title to agricultural land is held as a security to indebtedness or real estate
acquired upon collection of a debt.
(3) If such foreign business entity is a religious, educational, charitable, or scientific
corporation.
(4) If inherited land, or land received by such foreign business entity as payment for
a debt, is sold or transferred within five years.
Acts 2024, No. 420, §1.