The restrictions provided for in this chapter apply only until:
(1) the President or Congress of the United States, by means including, but not limited to, legislation, executive order, or written certification, declares that divestment of the type provided for in this chapter interferes with the conduct of United States foreign policy; or
(2) the United States revokes its current sanctions against Iran.
HISTORY: 2014 Act No. 267 (H.3021), Section 1, eff September 7, 2014.
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.