§ 37-2.5-1. Legislative findings. It is hereby found by the general assembly as follows: (1) In imposing sanctions on Iran, the United States Congress and the President of the United States have determined that the illicit nuclear activities of Iran, combined with its development of unconventional weapons and ballistic missiles, and its support of international […]
§ 37-2.5-2. Definitions. (a) As used in this act, the following definitions shall apply: (1) “Energy sector” of Iran means activities to develop, invest in, explore, refine, transfer, purchase or sell petroleum, gasoline, or other refined petroleum products, or natural gas, liquefied natural gas resources or nuclear power in Iran. (2) “Financial institution” means the […]
§ 37-2.5-3. Certain persons, entities prohibited from bidding on certain public contracts, maintenance of list. (a) A person or entity that, at the time of bid or proposal for a new contract or renewal of an existing contract, is identified on a list created pursuant to subsection (b) as a person or entity engaging in […]
§ 37-2.5-4. Certification required. (a) The state shall require a person or entity that submits a bid or proposal or otherwise proposes to enter into or renew a contract to certify, at the time the bid is submitted or the contract is renewed, that the person or entity is not identified on a list created […]
§ 37-2.5-5. False certification — Penalties. (a) If the treasurer determines, using credible information available to the public and after providing ninety (90) days written notice and an opportunity to comment in writing for the person or entity to demonstrate that it is not engaged in investment activities in Iran, that the person or entity […]
§ 37-2.5-6. Written notice to Attorney General. The governor shall submit to the attorney general of the United States a written notice describing this act within thirty (30) days after its effective date. History of Section.P.L. 2013, ch. 173, § 2; P.L. 2013, ch. 225, § 2.
