Miss. Code Ann. § 27-106-13

Limitation on the Public Employees’ Retirement System and State Treasury Investments

Known as the Iran Divestment Act

The act spans §§ 27–27 (13 sections).

Laws, 2015, ch. 487, § 7, eff from and after July 1, 2015.

(1) The Public Employees’ Retirement System and the State Treasurer may not invest funds with a person that is identified on a list created pursuant to Section 27-106-9 as a person engaging in investment activities in Iran, as described in Section 27-106-7.

(2) Any existing investments in violation of subsection (1) as of July 1, 2015, must be divested when prudent to do so but within one hundred twenty (120) days after the posting is made on the website of the Department of Finance and Administration.

Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.