Section 4-5-56 - Inapplicability to certain investments

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.