Right - its definitely different to the '90s' we have in the UK. It sounds as though your Transfer Box is like the one in the '100' with electric diff lock, I should have suspected that from your location.
I've not stripped a '100' Transfer box so don't have any insights. It could be simply stuck / failed solenoid which is all fixable. Of course, if the smoke has escaped it could be expensive !
Hopefully someone on here knows this model and what they're talking about and can assist.
Sorry to have wasted your time.
Bob.