California Government Code

§ 7513.7

GOV § 7513.7 Effective Jan 1, 2012Div. 7 · Title 1 · Ch. 21 · Art. 1

Statute text

(a)As used in this section, the following definitions shall apply:

(1)“Board” means the Board of Administration of the Public Employees’ Retirement System or the Teachers’ Retirement Board of the State Teachers’ Retirement System, as applicable.

(2)“Business operations” means maintaining, selling, or leasing equipment, facilities, personnel, or any other apparatus of business or commerce in Iran, including the ownership or possession of real or personal property located in Iran.

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Legislative history

Amended by Stats. 2011, Ch. 441, Sec. 2. (AB 1151) Effective January 1, 2012. Conditionally inoperative by its own provisions in subd. (l).