This chapter does not apply to a procurement or contract valued at ten thousand dollars or less.
HISTORY: 2014 Act No. 267 (H.3021), Section 1, eff September 7, 2014; 2015 Act No. 63 (H.3583), Section 3, eff June 4, 2015.
Editor's Note
2015 Act No. 63, Section 5, provides as follows:
"SECTION 5. This act takes effect upon approval by the Governor and does not apply to contracts entered into before the effective date of this act."
Effect of Amendment
2015 Act No. 63, Section 3, substituted "ten thousand" for "one thousand".
Structure South Carolina Code of Laws
Chapter 57 - Iran Divestment Act
Section 11-57-10. Short title.
Section 11-57-30. Definitions.
Section 11-57-40. Chapter inapplicable to certain procurements or contracts.
Section 11-57-50. Failure to comply with chapter not grounds for protest.
Section 11-57-300. Investment activities in Iran.
Section 11-57-320. Exception to contract prohibition on case-by-case basis.
Section 11-57-500. Ineligibility to contact with political subdivisions.
Section 11-57-710. Exception to investment prohibition on case-by-case basis.
Section 11-57-720. Fiduciary responsibilities.