31-4-203 Prohibition on litigation funding by foreign adversaries or foreign persons of concern

31-4-203 . Prohibition on litigation funding by foreign adversaries or foreign persons of concern. (1) A foreign adversary or a foreign person of concern may not engage in litigation financing in this state. (2) A foreign adversary or a foreign person of concern may not, directly or indirectly, invest in, finance, fund, or loan money to a litigation financer engaged in litigation financing in this state. (3) A litigation financer engaged in litigation financing in this state may not, directly or indirectly: (a) become affiliated with or maintain an affiliation with a foreign adversary or a foreign person of concern; (b) receive or accept money or funds from a foreign adversary or a foreign person of concern; or (c) allow a foreign adversary or a foreign person of concern to invest in, maintain an ownership interest in, or exercise any control over the litigation financer.