Investments
Prohibited Investments
A state agency may not acquire securities of a company that is included on a list prepared and maintained by the Comptroller’s office under Government Code, Sections 807.051, 808.051, 2252.153 or 2270.0201 of companies are either:
- Known to have contracts with (or provide supplies or services to) a foreign terrorist organization.
- Engaged in scrutinized business operations in Sudan or Iran, as defined in Government Code, Sections 807.001(10), 808 and 2270.001(9).
–or– - Boycotting Israel as defined in Government Code, Section 808.001(1).
A state agency that has invested in a listed company must comply with the applicable notification and divestment requirements in Government Code, Chapters 807, 808, 2252 and 2270.