** CONTINGENCY – IN EFFECT – CHAPTERS 446 AND 447 OF 2012 ** (a) In this subtitle the following words have the meanings indicated. (b) “Energy sector of Iran” means activities to develop petroleum or natural gas resources or nuclear power in Iran. (c) “Financial institution” has the meaning stated in Section 14 of the Iran Sanctions Act […]
** CONTINGENCY – IN EFFECT – CHAPTERS 446 AND 447 OF 2012 ** (a) For purposes of this subtitle, a person engages in investment activities in Iran if: (1) the person provides goods or services of $20,000,000 or more in the energy sector of Iran, including a person that provides oil or liquefied natural gas tankers or […]
** CONTINGENCY – IN EFFECT – CHAPTERS 446 AND 447 OF 2012 ** A person that, at the time of bid or proposal for a new contract or renewal of an existing contract, is identified on a list created by the Board under § 17–704 of this subtitle as a person engaging in investment activities […]
** CONTINGENCY – IN EFFECT – CHAPTERS 446 AND 447 OF 2012 ** (a) (1) On or before December 31, 2012, the Board shall use credible information available to the public to create a list of persons that the Board determines to be engaged in investment activities in Iran as described in § 17–702 of this subtitle. […]
** CONTINGENCY – IN EFFECT – CHAPTERS 446 AND 447 OF 2012 ** (a) On or after January 1, 2013, a public body shall require a person that submits a bid or proposal to the public body for a contract for goods or services, or otherwise proposes to enter into or renew a contract for goods […]
** CONTINGENCY – IN EFFECT – CHAPTERS 446 AND 447 OF 2012 ** (a) (1) If a public body, using credible information available to the public, determines that a person has submitted a false certification under § 17–705(a)(1) of this subtitle, the public body shall provide written notice to the person and an opportunity for the person […]
** CONTINGENCY – IN EFFECT – CHAPTERS 446 AND 447 OF 2012 ** This subtitle preempts any law, ordinance, rule, or regulation of any local governing body involving procurement contracts for goods or services with a person engaged in investment activities in Iran.
