North Dakota HB1330 mandates divestment from Chinese companies in legacy fund investments.
North Dakota HB1330 requires the state investment board to review and divest from legacy fund investments in Chinese companies. The board must identify and divest at least 20% of Chinese investments annually, completing the process by August 1, 2030. The bill defines "Chinese company" as those majority-owned, controlled, or subject to the jurisdiction or direction of China.
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