Sec. 2270.0002. EXCEPTION. Notwithstanding any other law, a company that the United States government affirmatively declares to be excluded from its federal sanctions regime relating to Sudan, its federal sanctions regime relating to Iran, or any federal sanctions regime relating to a designated foreign terrorist organization is not subject to divestment or investment prohibition under this chapter.
Added by Acts 2007, 80th Leg., R.S., Ch. 1375 (S.B. 247), Sec. 2, eff. January 1, 2008.
Transferred, redesignated and amended from Government Code, Chapter 806 by Acts 2017, 85th Leg., R.S., Ch. 96 (S.B. 253), Sec. 4, eff. May 23, 2017.
Structure Texas Statutes
Subtitle F - State and Local Contracts and Fund Management
Chapter 2270 - Prohibition on Investing Public Money in Certain Investments
Subchapter A. General Provisions
Section 2270.0001. Definitions
Section 2270.0003. Other Legal Obligations
Section 2270.0005. Conflict With Other Law
Section 2270.0006. Indemnification of Investing Entities, Employees, and Others