North Carolina General Statutes § 147-86.43 Identification of companies

(a)        Within 90 days of August 30, 2007, the Public Fund shall make its best efforts to identify all Scrutinized Companies in which the Public Fund has Direct or Indirect Holdings or could possibly have such holdings in the future. Such efforts shall include, as appropriate:

(1)        Reviewing and relying, as appropriate in the Public Fund's judgment, on publicly available information regarding Companies with Business Operations in Sudan, including information provided by nonprofit organizations, research firms, international organizations, and government entities;

(2)        Contacting asset managers contracted by the Public Fund that invest in Companies with Business Operations in Sudan; or

(3)        Contacting other institutional investors that have divested from and/or engaged with Companies that have Business Operations in Sudan.

(b)        By the first meeting of the Public Fund following the 90-day period described in subsection (a), the Public Fund shall assemble all Scrutinized Companies identified into a "Scrutinized Companies List."

(c)        The Public Fund shall update the Scrutinized Companies List on a quarterly basis based on evolving information from, among other sources, those listed in subsection (a) of this section. (2007-486, s. 3.)

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Last modified: March 23, 2014