A.G. File No. 2010-004

California Public Divest From Israel Act

March 01, 2010


Subject to certain conditions, the measure prohibits CalPERS and CalSTRS from investing in companies that have "business operations in Israel." ("Business operations" include "maintaining, selling, or leasing equipment, facilities, personnel, or any other apparatus of business or commerce in Israel, including the ownership or possession of real or personal property located in Israel." The measure defines Israel to include the State of Israel and territories under the administration or control of Israel.)