There is a newer version
of
this Section
2021 South Carolina Code of Laws
Title 11 - Public Finance
Chapter 57 - Iran Divestment Act
Section 11-57-700. Prohibition of fund investment with person identified on list created pursuant to Section 11-57-310; divestment.
Universal Citation: SC Code § 11-57-700 (2021)
(A) Neither the Retirement System Investment Commission or the State Treasurer may invest funds with a person that is identified on a list created pursuant to Section 11-57-310 as a person engaging in investment activities in Iran as described in Section 11-57-300.
(B) Any existing investments in violation of subsection (A) as of the effective date of this act, must be divested within one hundred twenty days of the effective date of this act.
HISTORY: 2014 Act No. 267 (H.3021), Section 1, eff September 7, 2014.
Disclaimer: These codes may not be the most recent version. South Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
