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Section 27-117-7 - Limitation on the Public Employees' Retirement System and State Treasury Investments — Mississippi Law | CourtGPT
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  4. Title 27 - Taxation and Finance (§§ 27-1-1 — 27-117-15)/
  5. Chapter 117 - Israel Support Act of 2019/
  6. Section 27-117-7 - Limitation on the Public Employees' Retirement System and State Treasury Investments
Mississippi Legal Code

Section 27-117-7 - Limitation on the Public Employees' Retirement System and State Treasury Investments

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(1) The Public Employees' Retirement System and the State Treasurer may not invest funds with a company that is identified on a list created pursuant to Section 27-117-5 as a company engaging in a boycott of Israel.(2) Any existing investments in violation of this chapter as of July 1, 2020, must be divested when prudent to do so but not later than one hundred twenty (120) days after the posting is made on the website of the Department of Finance and Administration.Brought forward by Laws, 2024, ch. 427, SB 2226,§ 5, eff. 7/1/2024.Added by Laws, 2019, ch. 336, HB 761,§ 4, eff. 7/1/2019.