Iran Divestment Act Certificate 2025

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  1. Click ‘Get Form’ to open the Iran Divestment Act Certificate in the editor.
  2. Begin by entering the 'Name of Vendor or Bidder' in the designated field. Ensure that this information is accurate and reflects the official name of your business.
  3. In the certification section, confirm that neither you nor any subcontractors are listed on the Final Divestment List. This is a crucial compliance requirement.
  4. Next, sign the document in the 'Signature' field. Make sure to include your signature as an authorized representative of the vendor or bidder.
  5. Fill in the 'Date' field with the current date when you are completing this certificate.
  6. Finally, provide your 'Printed Name' and 'Title' in their respective fields to complete the form accurately.

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(a) A state agency shall require a person that submits a bid or offer in response to a notice of procurement, or that proposes to renew an existing procurement contract with a state agency or proposes to assume the responsibility of a contractor pursuant to a procurement contract with a state agency or otherwise
2194, the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111‑195), which expressly authorizes states and local governments to prevent investment in, including prohibiting entry into or renewing contracts with, companies operating in Irans energy sector with investments that have
(1) The Iran Sanctions Act of 1996 (Public Law 104172; 50 U.S.C. 1701 note) requires the imposition of sanctions with respect to Irans illicit weapons programs, conventional weapons and ballistic missile development, and support for terrorism, including Irans Revolutionary Guards Corps.
The Act became effective on April 12, 2012. The Act imposes limitations on persons that are determined to be engaged in investment activities in the Iranian energy sector, as defined in the Act.
The Iran Divestment Act, with certain exceptions, prohibits. municipalities, including the City, from entering into contracts with persons engaged in investment activities in. the energy sector of Iran. Pursuant to the terms set forth in SFL 165-a and GML 103-g, a person engages in.

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The law is known as the Iran Divestment Act of 2012 (the Act) and can be found at 165-a of the NY State Finance Law. The Act became effective on April 12, 2012. The Act imposes limitations on persons that are determined to be engaged in investment activities in the Iranian energy sector, as defined in the Act.

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