Property Ownership
In North Dakota, agricultural land ownership by foreign entities is regulated by:
ANo restrictions — foreign entities may freely own agricultural land
BRestrictions that limit foreign corporate ownership of North Dakota agricultural land✓ Correct
CA complete ban on all foreign ownership of any real property
DOnly federal law applies to foreign land ownership
Explanation
North Dakota has statutes restricting foreign entity ownership of agricultural land. These restrictions limit the ability of alien corporations and foreign interests to acquire farm and ranch land in the state.
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