31-4-205: Limitations on foreign litigation funding.

(1) A foreign person is prohibited from engaging in the activities set forth in subsection (2) if the foreign person directly or indirectly:

(a) engages in litigation financing;

(b) becomes affiliated with or maintains an affiliation with a litigation financer;

(c) finances, funds, or loans money to a litigation financer; or

(d) invests in, maintains an ownership interest in, or exercises any control over a litigation financer.

(2) A foreign person that engages in the activities set forth in subsection (1) may not:

(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 foreign person.