(b) In carrying out its responsibilities under subsection (a), the board may use existing research or contract with a research firm.(c) A board or a research firm with which the board contracts under subsection (b) may take any of the following actions:(1) Review publicly available information regarding companies with business operations in states that sponsor terror.(2) Contact other institutional investors that have divested from or invest in companies with business operations in states that sponsor terror.(3) Contact asset managers that are contracted by the fund and that invest in companies with business operations in states that sponsor terror.(d) Not later than the first meeting of the board after March 30, 2010, the board shall compile the names of all scrutinized companies into a scrutinized company list and indicate whether each scrutinized company has active or inactive business operations in a state sponsor of terror.(e) The board shall update its scrutinized company list at least on an annual basis d indicate whether each scrutinized company has active or inactive business operations in a state sponsor of terror.(e) The board shall update its scrutinized company list at least on an annual basis based on evolving information from sources described in subsections (b) and (c).(f) If the Secretary of State of the United States determines that a country is a state sponsor of terror after June 30, 2009, the board shall add any additional scrutinized company resulting from the Secretary of State's determination when the board updates its scrutinized company list under subsection (e).As added by P.L.67-2009, SEC.1. Amended by P.L.35-2012, SEC.70.
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