Missouri SB947 prohibits foreign entities from acquiring real estate within fifty miles of military installations or defense contractors.
Missouri SB947 amends Chapter 442 of the Revised Statutes of Missouri to restrict the acquisition of real estate by aliens, foreign businesses, or foreign governments within fifty miles of military installations or defense contractors. The act mandates divestiture of any such real estate acquired before the act's effective date and empowers the attorney general to enforce these provisions. Violations result in civil actions, with courts ordering divestiture or public sale of the property if not complied with within a year.
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- Legal Framework
- Critical Issues
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