TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 4. FISCAL AFFAIRS 16100-17700›PART 2. STATE FUNDS 16300-16649.95›CHAPTER 7. Prohibited Business Arrangements 16649.80-16649.95
§ 16649.83
California Government Code · 2020-11 edition · updated 2026-10-04 · California
On or after January 1, 1994, state trust moneys shall not be used to make additional or new investments or to renew existing investments in financial institutions that engage in discriminatory business practices in furtherance of or in compliance with the Arab League’s economic boycott of Israel.
(Amended by Stats. 1993, Ch. 439, Sec. 3. Effective January 1, 1994.)
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