Sec. 2270.0152. SCRUTINIZED BUSINESS OPERATIONS WITH DESIGNATED FOREIGN TERRORIST ORGANIZATION. A company engages in scrutinized business operations with a designated foreign terrorist organization if:
(1) the company has business operations that involve:
(A) a contract with or providing supplies or services to a designated foreign terrorist organization;
(B) a company in which a designated foreign terrorist organization has any direct or indirect equity share;
(C) a consortium or project commissioned by a designated foreign terrorist organization; or
(D) a company involved in a consortium or project commissioned by a designated foreign terrorist organization; or
(2) the company supplies terroristic equipment to a designated foreign terrorist organization.
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 D. General Provisions Relating to Investments in Certain Foreign Terrorist Organizations
Section 2270.0151. Definitions
Section 2270.0152. Scrutinized Business Operations With Designated Foreign Terrorist Organization
Section 2270.0153. List of Designated Foreign Terrorist Organizations