Terms used in § 59-11-24 and this section mean:

(1) “Foreign beneficial owner,” a foreign government, a natural person who is not a United States citizen, an entity registered outside the United States or its territories, or an entity owned by a foreign government or natural person who is not a United States citizen; and

(2) “Foreign government,” a government or the state-controlled enterprise of a government, other than the United States, its states, or its territories.

Source: SL 2023, ch 169, § 3.