After the expiration of any applicable divestment period provided in § 43-2B-3, a prohibited entity may not, during any time in which there exists a military installation in this state:

1. (1) Hold or obtain any real property interest located, in whole or in part, in this state; or
2. (2) Directly or indirectly control, finance, or hold a legal or equitable interest in any entity that holds a real property interest in this state.

Source: SL 2026, ch 177 , § 2.