(1) Except as provided in Subsection (3), a public entity may not enter into a contract with a company to acquire or dispose of a good or service, including supplies, information technology, or construction services, unless: (a) the contract includes a written certification that the company is not currently engaged in: (i) a boycott of the State of Israel; or (ii) an economic boycott; (b) the company agrees not to engage in a boycott of the State of Israel for the duration of the contract; and (c) the company agrees to notify the public entity in writing if the company begins engaging in an economic boycott. (2) A company's notice under Subsection (1)(c) may be grounds for termination of the contract. (3) This section does not: (a) apply to: (i) a contract with a total value of less than $100,000; or (ii) a contract with a company that has fewer than 10 full-time employees; or (b) prohibit a public entity from entering into a contract with a company that engages in an economic boycott if: (i) there is no economically practicable alternative available to the public entity to: (A) acquire or dispose of the good or service; or (B) meet the public entity's legal duties to issue, incur, or manage debt obligations, or deposit, keep custody of, manage, borrow, or invest funds; or (ii) the company engages in the economic boycott to comply with federal law.
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