State of California Anti-Apartheid Disclosure Law
Morgan Lewis Title
downloads/links:View White Paper
This memorandum discusses the various disclosure and filing requirements under the new California Anti-Apartheid Disclosure Law and the emergency implementing regulations that went into effect on January 1, 1990. The law generally requires disclosure by any corporation that sells stock or other securities in California of whether or not it (and in some cases its affiliates) does business in or with persons or groups in South Africa.
For the full story, please view the PDF.