1994 LAWS OF MARYLAND
Article - State Finance and Procurement
[6-208.
(a) This section does not apply to a loan that is outstanding on December 31,
1984.
(b) The Treasurer may not use a financial institution as a depositary unless the
financial institution certifies, in writing, that it has no direct loans and no foreknowledge
of any indirect loans outstanding to a governmental unit or national corporation of the
Republic of South Africa.
(c) If direct or indirect loans described in subsection (b) of this section are made
by a foreign or out-of-state financial institution without the participation of a subsidiary
or affiliated corporation, subsection (b) of this section does not apply to the subsidiary or
affiliated corporation.]
[Subtitle 5. Purchases from the Republic of South Africa]
14-501.
(a) In this subtitle, "doing business with or in the Republic of South Africa"
means:
(1) having in the Republic any operations or a majority owned subsidiary
that employs [more than 20] ANY employees;
(2) providing financial services to the government of the Republic, including
providing direct loans, underwriting government securities, or promoting the sale of gold
coins from the Republic; or
(3) providing any supplies or services to the government of the Republic
[except supplies or services provided for an educational, medical, charitable, or
religious] FOR ANY LAWFUL purpose.
(b) In this subtitle, "doing business with or in the Republic of South Africa"
[does not include] INCLUDES completing a limited consulting contract in existence on
January 1, 1987 in the Republic that was entered into as a result of the company divesting
itself of all business property and operations in the Republic.
14-502.
[A unit may not knowingly buy finished supplies that are produced in the Republic
of South Africa unless:
(1) the bidder or offeror provides the certification required under § 14-503
of this subtitle; or
(2) the head of the unit determines that:
(i) the procurement is essential; and
(ii) the unit does not know of any other available source that will
provide the supplies at a reasonable cost.]
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Ch. 88
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