This bill amends several sections of the North Dakota Century Code to prohibit foreign ownership of real property near military installations and to establish penalties for violations. It specifically prohibits boards of county and city commissioners from approving development agreements with foreign countries or organizations of concern. The bill defines "foreign country of concern" and "foreign organization of concern," and outlines exceptions for entities that have been registered for at least seven years, have been approved by the Committee on Foreign Investment in the United States, and maintain a national security agreement with the federal government.

Additionally, the bill introduces a new section that prohibits foreign countries or organizations of concern from leasing, purchasing, or acquiring critical infrastructure or real property within ten miles of military installations. If such entities fail to divest their interests within one year of acquisition, the state's attorney may take legal action to enforce divestment, with penalties for non-compliance. The bill aims to enhance national security by restricting foreign ownership in sensitive areas and ensuring compliance through legal mechanisms.

Statutes affected:
INTRODUCED: 11-11-70, 40-05-26, 47-01-09