Divestment and Do-Not-Contract Rules - North Carolina State Treasurer
The North Carolina Department of State Treasurer follows several divestment and do-not-contract mandates. Information about companies boycotting Israel, Iran and Sudan.
Dec 27, 2024 · Pursuant to N.C. Gen. Stat. § 147-86.58, the State Treasurer has determined that the following companies appear to be engaged in “investment activities in Iran,” as that term is defined in the amended North Carolina Iran Divestment Act of 2015 (the “Act”), based on other state lists of restricted companies, federal information, and ...
Compliance Update: Restrictions on Contracts - North Carolina …
Dec 21, 2023 · In compliance with State law and Department policy, the North Carolina Department of State Treasurer (the “Department”) has updated its lists of companies subject to divestment and contract restrictions.
Respect for human rights in Iran has steadily deteriorated as demonstrated by transparently fraudulent elections and the brutal repression and murder, arbitrary arrests, and show trials of peaceful dissidents.
Aug 31, 2021 · Pursuant to N.C. Gen. Stat. § 147-86.58, the State Treasurer has determined that the following companies appear to be engaged in “investment activities in Iran,” as that term is defined in the amended North Carolina Iran Divestment Act of 2015 (the “Act”), based on other state lists of restricted companies, federal information, and ...
During the 2015 legislative session, the North Carolina General Assembly enacted the Iran Divestment Act (S.L. 2015-118; SB455)2(“the Act”) which prohibits state agencies and local governments from entering into contracts with an entity that has been identified by the North Carolina State Treasurer as being engaged in certain investment ...
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NORTH CAROLINA
The Act prohibits the North Carolina Retirement Systems or the Department of State Treasurer from investing funds with individuals or companies engaging in certain defined investment activities in Iran.
Under the Iran Divestment Act North Carolina or any political subdivision of the State. The Iran Divestment Act of 2015, G.S. 143C-6A-1 et seq. requires that each vendor, prior to contracting with the State certify, and the undersigned on
In 2015, the North Carolina General Assembly enacted the Iran Divestment Act with the intent to implement the authority granted by CISADA. The Act prohibits the North Carolina Retirement Systems or the Department of State Treasurer from investing funds with individuals or companies engaging in certain defined investment activities in Iran.
(6) The concerns of the State regarding Iran are strictly the result of the actions of the Government of Iran and should not be construed as enmity towards the Iranian people.