Statutes > Iowa Statutes > Title 1 - State Sovereignty and Management > Subtitle 4 - Executive Branch > CHAPTER 12F - RESTRICTIONS ON SUDAN=RELATED INVESTMENTS > 12F.7 - APPLICABILITY.

12F.7 - APPLICABILITY.

        12F.7  APPLICABILITY.
         The requirements of sections 12F.3, 12F.4, and 12F.5 of this
      chapter shall not apply upon the occurrence of any of the following:
         1.  The Congress or president of the United States declares that
      the Darfur genocide has been halted for at least twelve months.
         2.  The United States revokes all sanctions imposed against the
      government of Sudan.
         3.  The Congress or president 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.
         4.  A controlling circuit or district court of the United States
      issues an opinion that declares the mandatory divestment of the type
      provided for in this chapter or similar statutes of other states is
      preempted by the federal law of the United States.
         Section History: Recent Form
         2007 Acts, ch 39, §7