Oklahoma’s battle with financial companies that boycott energy companies entered a new round this week as Treasurer Todd Russ listed 13 companies banned from doing business with the state.
But don’t look for any action soon. Those 13 companies have 90 days to tell the state it has stopped boycotting energy companies. And if they haven’t stopped their boycott, the law grants the state six months to divest itself of 50% of investments with the financial company and a full year to divest 100%.
The restrictions are based on a law passed by the Legislature in 2022 that requires the state […]
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