Sec. 19. (a) Each fund (before July 1, 2011) or the board shall send to each scrutinized company:
(1) that is identified under section 18 of this chapter as one in which a fund has direct or indirect holdings; and
(2) that has only inactive business operations;
a written notice concerning the provisions of this chapter and a statement encouraging the company to continue to refrain from initiating active business operations in a state sponsor of terror until the company is able to avoid scrutinized business operations altogether.
(b) Each fund (before July 1, 2011) or the board shall continue to correspond on a semiannual basis with scrutinized companies:
(1) in which a fund has direct or indirect holdings; and
(2) that have only inactive business operations.
As added by P.L.67-2009, SEC.1. Amended by P.L.35-2012, SEC.72.
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