Notwithstanding the provisions of Section 27-117-7, an investment may be made in a company engaged in a boycott of Israel, on a case by case basis, if:
The investment was made before December 31, 2019, and the company has adopted, publicized and is implementing a formal plan to cease the boycott of Israel and to refrain from engaging in any new boycott of Israel; or
The investor makes a determination that the investments are necessary in order to perform its functions.