S455 - Iran Divestment Act (SL 2015-118)

Overview: S.L. 2015-118 prohibits certain investments and contracts with persons determined to be engaging in investment activities in Iran. The State Treasurer is directed to adopt a policy on divestment consistent with its current policy.

Except for a provision pertaining to implementation of the act by the Treasurer's Office, which became effective June 29, 2015, this act became effective October 1, 2015.