Inapplicability to certain investments.

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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.


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