™Your Policy Risk Impact Agent
16 chapters · 298 sections in this title.
SDCL § 4-5-54 Acquisition of securities in companies with scrutinized business operations prohibited
0.2K chars
The State Investment Council may not acquire securities of companies on the scrutinized companies list that have scrutinized business operations, except as provided in §§ 4-5-48 to 4-5-60 , inclusive. Source: SL 2010, ch 27 , § 7.
SDCL § 4-5-55 Exemption from divestiture requirements
0.3K chars
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.
SDCL § 4-5-56 Inapplicability to certain investments
0.5K chars
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 pr…
SDCL § 4-5-57 Indirect holdings in actively managed investment funds
0.7K chars
The provisions of §§ 4-5-48 to 4-5-60 , inclusive, do not apply to indirect holdings in actively managed investment funds. The State Investment Council shall submit letters to the managers of investment funds containing companies with scrutinized active business operations reques…
