Notwithstanding any general or special law to the contrary, within 60 days of the effective date of this act, the Pension Reserves Investment Management Board established in section 23 of chapter 32 of the General Laws shall divest from the Pension Reserves Investment Trust Fund all stocks, securities and other obligations of any company selling weapons to the Kingdom of Saudi Arabia, unless the company announces, within 30 days of the effective date of this act that it will not renew or enter into contracts for weapon sales to the Kingdom of Saudi Arabia.
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