442.560. Aliens and corporations of foreign countries may acquire, hold and alienate real estate--exception. - Missouri Statutes

Aliens and corporations of foreign countries may acquire, hold andalienate real estate--exception.

442.560. Except as provided in sections 442.560 to 442.591, personsnot citizens of the United States and not residents of the United States orof some territory, trusteeship, or protectorate of the United States, andcorporations not created by or under the laws of the United States or ofsome state, territory, trusteeship, or protectorate of the United Statesshall be capable of acquiring, by grant, purchase, devise or descent, realestate except agricultural land as defined in section 442.566, or anyinterest therein, in this state, and of owning, holding, devising, oralienating the same, and shall incur the like duties and liabilities inrelation thereto as if they were citizens of the United States andresidents of this state. The provisions of sections 442.560 to 442.591shall not apply to agricultural land located in counties which border thestate of Oklahoma which was owned by such a person described in thissection prior to January 1, 1995.

(RSMo 1939 § 15228, A.L. 1965 p. 632, A.L. 1978 S.B. 685, A.L. 1995 H.B. 211)

Prior revisions: 1929 § 14011; 1919 § 590; 1909 § 748

*Transferred 1959; formerly 9.010

CROSS REFERENCE:

Title by descent, alienage not a bar, RSMo 474.100