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Statutes > South Dakota Laws > Title 4 - PUBLIC FISCAL ADMINISTRATION > Chapter 05 - Custody and Investment of State Funds > Section 4-5-55 - Exemption from divestiture requirements.

STATE STATUTES & CODES

SOUTH DAKOTA STATUTES AND CODES

Section 4-5-55 - Exemption from divestiture requirements.

4-5-55. Exemption from divestiture requirements. If the federal government excludes a company from its present or any future federal sanctions relating to Iran, that company is exempt from the divestment requirements and the investment prohibitions in §§ 4-5-48 to 4-5-60, inclusive.

Source: SL 2010, ch 27, § 8.

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