62 Pa. C.S. § 3506

Current through P.A. Acts 2023-66

Section 3506 - Expiration

The department shall have no obligations under this chapter with respect to a company engaged in business activities in Iran upon the occurrence of any of the following:

(1) Iran does not appear on the List of State Sponsors of Terrorism.

(2) The President or Congress of the United States, through legislation or executive order, declares that mandatory divestment of the type provided for in this chapter interferes with the conduct of United States foreign policy.

62 Pa.C.S. § 3506

Added by P.L. 2517 2014 No. 149, § 3, eff. 7/1/2015.