The State Investment Council may not acquire securities of companies on the scrutinized companies list that have scrutinized business operations, except as provided in §§ 4-5-48 to 4-5-60, inclusive.
S.D. Codified Laws § 4-5-54
Acquisition of securities in companies with scrutinized business operations prohibited
Known as the Investment of State Funds Law
The act spans §§ 4–4 (70 sections).
Source: SL 2010, ch 27, § 7.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.