16649.83. On or after January 1, 1994, state trust moneys shall not be used to make additional or new investments or to renew existing investments in financial institutions that engage in discriminatory business practices in furtherance of or in compliance with the Arab League’s economic boycott of Israel.
(Amended by Stats. 1993, Ch. 439, Sec. 3. Effective January 1, 1994.)
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