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

South Dakota Statutes

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

South Dakota § 4-5-56

Title 4PUBLIC FISCAL ADMINISTRATION

Ch. 4-3CUSTODY AND INVESTMENT OF STATE FUNDS

This text of South Dakota § 4-5-56 (Inapplicability to certain investments.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 4-5-56 (2026).

Text

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.