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2007 Laws of Maryland
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Ch. 39
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(1) a summary of correspondence with companies
engaged by the board of trustees under § 21-1A-04(b) of this
subtitle;
(2) all investments sold, redeemed, obtested, or
withdrawn in compliance with § 21-1A-04(c) of this subtitle;
(3) all prohibited investments under § 21-1A-04(d) of
this subtitle; and
(4) any progress made under § 21-1A-04(F) of this
subtitle since submitting the previous report.
The provisions of this subtitle shall expire if the United
States Congress or the President of the United States;
(1) declares that the Darfur genocide has been halted
for at least 12 consecutive months;
Government of Sudan; or
(3) through legislation or executive order, declares
that mandatory divestment of the type provided for under this
subtitle interferes with the conduct of united states foreign
With respect to any action taken in compliance with the
provisions of this subtitle, including all good faith determinations
regarding companies as required by the provisions of this subtitle,
the Board of Trustees shall be exempt from any conflicting
statutory or common law obligations, including any such
obligations regarding choice of asset managers, investment funds,
or investments for the securities portfolios of the board of
Trustees.
21-1A-08.
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-836-
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