South Dakota § 4-5-56 Inapplicability to certain investments.

South Dakota Statutes

§ 4-5-56 — Inapplicability to certain investments.

South Dakota·Title 4 PUBLIC FISCAL ADMINISTRATION·Ch. 4-3 CUSTODY AND INVESTMENT OF STATE FUNDS

The provisions of §§ 4-5-48 to 4-5-60 , inclusive, do not apply to any of the following:

(1)Investments in a company that is primarily engaged in supplying goods or services intended to relieve human suffering in Iran;

(2)Investments in a company that is primarily engaged in promoting health, education, or journalistic, religious, or welfare activities in Iran; and (3) Investments in a United States company that is authorized by the federal government to have active business operations in Iran.

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The provisions of §§ 4-5-48 to 4-5-60 , inclusive, do not apply to any of the following: (1) Investments in a company that is primarily engaged in supplying goods or services intended to relieve human suffering in Iran; (2) Investments in a company that is primarily engaged in promoting health, education, or journalistic, religious, or welfare activities in Iran; and (3) Investments in a United States company that is authorized by the federal government to have active business operations in Iran.

South Dakota § 4-5-56 (Inapplicability to certain investments.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.