New York Laws
Title 4 - Contracts of Public Authorities
2879-C - Iranian Energy Sector Divestment.

(1) The investment activities in Iran were made before the effective
date of this section, the investment activities in Iran have not been
expanded or renewed after the effective date of this section, and the
person has adopted, publicized, and is implementing a formal plan to
cease the investment activities in Iran and to refrain from engaging in
any new investments in Iran; or
(2) The public authority makes a determination that the goods or
services are necessary for the public authority to perform its functions
and that, absent such an exemption, the public authority would be unable
to obtain the goods or services for which the contract is offered. Such
determination shall be made in writing and shall be a public document.

Structure New York Laws