Exception to investment prohibition [Repealed effective July 1, 2024]
Known as the Israel Support Act
The act spans §§ 27-117-1 to 27-117-9 (8 sections).
Laws, 2019, ch. 336, § 5, eff from and after July 1, 2019.
Notwithstanding the provisions of Section 27-117-7, an investment may be made in a company engaged in a boycott of Israel, on a case by case basis, if:
The investment was made before December 31, 2019, and the company has adopted, publicized and is implementing a formal plan to cease the boycott of Israel and to refrain from engaging in any new boycott of Israel; or
The investor makes a determination that the investments are necessary in order to perform its functions.
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.