{"data":{"id":"us-pa/62-pa.c.s.-3502","jurisdiction":"us-pa","citation":"62 Pa.C.S. § 3502","heading":"Engaging in investment activities.","body":"A person or financial institution engages in an investment activity by doing any of the following:\n(1) Providing goods or services worth at least $20,000,000, including oil tankers or transporters and liquefied natural gas tankers or transporters, to the energy-related activities of Iran, or products used to construct or maintain pipelines used to transport oil or liquefied natural gas for the energy sector of Iran.\n(2) Extending at least $20,000,000 in credit to a person for 45 days or more if all of the following apply:\n(i) The person uses the credit to provide goods or\nservices to the energy sector in Iran.\n(ii) The person is, at the time the financial institution or person extends credit, identified on a list created under section 3503 (relating to list of persons engaged in investment activities).","path":["Title 62 - PROCUREMENT","PART II GENERAL PROCUREMENT PROVISIONS","CHAPTER 35 IRAN-FREE PROCUREMENT"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=62\u0026div=0\u0026chpt=35\u0026sctn=2\u0026subsctn=0","current_through":"2026-03-18 (Statute Update stamp, 62 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:34:43Z","sha256":"5ae91d3debe074262c4caccec72b1f3800a3ec70dde79c8b6ca1ed18bb33f352","source_id":"us-pa","stale":false,"prev":"us-pa/62-pa.c.s.-3501","next":"us-pa/62-pa.c.s.-3503"},"notice":"GroundRules: Original legal text. Not legal advice."}