S 204

Abstract

A BILL TO 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.