This is a 2 part question.
Question 1: I am trying to create a foreign key on a table where I need to turn off the “Check Existing Data on Creation or Re-Enabling”. I know theres an option visually but I’m looking for a way to do it programmatically. Is there anyway to do this?
Question 2: I have a code table and two tables A and B that need to reference that code table. I want to have these both referenced from a relationship table but I want to able to use the same column. Can I have 2 foreign keys pointing to the same column?
Yes you can have the same column inthe parent table refer to differnt columns in multiple tables.
I do not recommend turning off checking FK on creation. If you have bad data now, you need to fix it now. Otherwise the first time someone edits one of those records it will fail the FK check then.
From Books online as to why it is a bad idea to use nocheck: