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Home » US Law » 2022 Colorado Code » Title 24 - Government - State » Article 54.8 - Divestment by Public Pension Plans » Part 2 - Divestment From Companies That Have Economic Prohibitions Against Israel

§ 24-54.8-201. Definitions

As used in this part 2, unless the context otherwise requires: “Company” means any entity that has publicly traded securities and is an organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, limited liability company, or other entity or business association, including all wholly owned subsidiaries, majority-owned subsidiaries, or parent companies of such […]

§ 24-54.8-202. Transactions Prohibited by the Public Employees’ Retirement Association – Companies That Have Economic Prohibitions Against Israel – Restricted Companies List

By January 1, 2017, the public employees’ retirement association created in article 51 of this title shall make its best efforts to identify all restricted companies in which the association has direct holdings or could possibly have such holdings in the future and assemble those companies into a list of restricted companies. These efforts shall […]

§ 24-54.8-203. Legislative Intent

By enacting this part 2, it is not the intent of the general assembly to cause divestiture from any company based in the United States. The public employees’ retirement association shall consider this intent when developing or reviewing the list of restricted companies. Source: L. 2016: Entire part added, (HB 16-1284), ch. 33, p. 83, […]

§ 24-54.8-204. Severability

If any provision of this part 2 or the application thereof to any person or circumstance is held invalid, such invalidity does not affect other provisions or applications of this part 2 that can be given effect without the invalid provision or application, and to this end the provisions of this part 2 are declared […]