Section 4-5-56 - Inapplicability to certain investments. - South Dakota Statutes

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

Source: SL 2010, ch 27, § 9.