Skip to main content
Find a Lawyer

Iowa Code Title I. State Sovereignty and Management [Chs. 1-38D] § 12K.1. Definitions

Current as of January 01, 2024 | Updated by Findlaw Staff

<[Text subject to final changes by the Iowa Code Editor for Code 2024.]>

As used in this chapter, unless the context otherwise requires:

1. “Company” means any business or business entity that is publicly traded and that is not based in the United States.

2. “Direct holdings” in a company means all securities of a company held directly by the public fund or in an account or fund in which the public fund owns all shares or interests.

3. “Indirect holdings” in a company means all securities of a company held in an account or fund managed by one or more persons not employed by the public fund, in which the public fund owns shares or interests together with other investors not subject to the provisions of this chapter. Indirect holdings include but are not limited to mutual funds, fund of funds, private equity funds, hedge funds, and real estate funds.

4. “Prohibited company” means a company that is owned or controlled by Chinese military or government services and has been designated by the United States government as a company that citizens of the United States are restricted or prohibited from entering into transactions with, limited to companies on any of the following lists:

a. The bureau of industry and security's entity list.

b. The bureau of industry and security's military end user list.

c. The department of defense's communist Chinese military companies list.

d. The office of foreign assets control's foreign sanctions evaders list.

e. The office of foreign assets control's list of foreign financial institutions subject to correspondent account or payable-through account sanctions.

f. The office of foreign assets control's non-SDN Iran sanctions list.

g. The office of foreign assets control's non-SDN Palestinian legislative council list.

h. The office of foreign assets control's sectoral sanctions identifications list.

i. The office of foreign assets control's specially designated nationals and blocked persons list.

j. [Deleted by Acts 2023 (90 G.A.) ch. 119, S.F. 578, § 34, eff. July 1, 2023].

5. “Public fund” means the treasurer of state, the state board of regents, the public safety peace officers' retirement system created in chapter 97A, the Iowa public employees' retirement system created in chapter 97B, the statewide fire and police retirement system created in chapter 411, or the judicial retirement system created in chapter 602.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Iowa Code Title I. State Sovereignty and Management [Chs. 1-38D] § 12K.1. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-i-state-sovereignty-and-management-chs-1-38d/ia-code-sect-12k-1/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard