South Dakota Code § 4-5-56

Inapplicability to certain investments
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The provisions of §§
4-5-48
to
4-5-60
, inclusive, do not apply to any of the following:
(1) Investments in a company that is primarily engaged in supplying goods or services intended to relieve human suffering in Iran;
(2) Investments in a company that is primarily engaged in promoting health, education, or journalistic, religious, or welfare activities in Iran; and
(3) Investments in a United States company that is authorized by the federal government to have active business operations in Iran.

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