{"code":"GOV","codeName":"Government Code","section":"16649.87","citation":"Gov. Code, § 16649.87","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]","url":"https://blackletter.si/government-code/title-2"},{"name":"DIVISION 4. FISCAL AFFAIRS [16100. - 17700.]","url":"https://blackletter.si/government-code/title-2/division-4"},{"name":"PART 2. STATE FUNDS [16300. - 16649.95.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2"},{"name":"CHAPTER 7. Prohibited Business Arrangements [16649.80. - 16649.95.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2/chapter-7"}],"history":"Amended by Stats. 1993, Ch. 439, Sec. 5.   Effective January 1, 1994.","effective":"1994-01-01","html":"<p>Beginning January 1, 1995, and continuing thereafter until January 1, 1998, state trust funds shall annually reduce by one-third the value of their respective investments in business firms and financial institutions that engage in discriminatory business practices in furtherance of or in compliance with the Arab League’s economic boycott of Israel.</p>","text":"Beginning January 1, 1995, and continuing thereafter until January 1, 1998, state trust funds shall annually reduce by one-third the value of their respective investments in business firms and financial institutions that engage in discriminatory business practices in furtherance of or in compliance with the Arab League’s economic boycott of Israel.","otherVersions":[],"url":"https://blackletter.si/government-code/prohibited-business-arrangements-16649-87","source":"California Legislative Information bulk export (pubinfo)"}