A medical facility, research facility, company, or nonprofit organization subject to this chapter may not sell or otherwise transfer genomic sequencing data of residents of this state as part of a bankruptcy proceeding or pursuant to a plan of reorganization under Chapter 11 of the United States Bankruptcy Code (11 U.S.C. Section 1101 et seq.) to:
(1) a foreign adversary;
(2) a state-owned enterprise of a foreign adversary;
(3) a company or nonprofit organization domiciled within the borders of a country that is a foreign adversary; or
(4) an owned or controlled subsidiary or affiliate of a company or nonprofit organization domiciled within the borders of a country that is a foreign adversary.