Pennsylvania § 3502 - Engaging in investment activities.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 3502 — Engaging in investment activities., with citation guidance and answers to common questions.
§ 3502. Engaging in investment activities.
A person or financial institution engages in an investment activity by doing any of the following:
(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.
(2) Extending at least $20,000,000 in credit to a person for 45 days or more if all of the following apply:
(i) The person uses the credit to provide goods or
services to the energy sector in Iran.
(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).
(Oct. 21, 2014, P.L.2517, No.149, eff. July 1, 2015)
2014 Amendment. Act 149 added section 3502.
Cross References. Section 3502 is referred to in section 3503 of this title.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 3502
What does Pennsylvania Consolidated Statutes § 3502 cover?
Section 3502 ("Engaging in investment activities.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 3502?
A common citation format is "Pennsylvania Consolidated Statutes § 3502" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 3502 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.