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.
Exemption from divestiture requirements
SDCL § 4-5-55 — under CUSTODY AND INVESTMENT OF STATE FUNDS.
SDCL § 4-5-55