New Jersey, according to The Associated Press, on Friday became one of the few states to prohibit state pension money from being invested in companies that do business in Iran.
Most American companies are already banned from doing business in the country, but Gov. Jon S. Corzine, a Democrat, signed a measure restricting the state from buying stock in international companies that do business with Iran.
The move was intended to protest the country’s links to terrorism and its nuclear ambitions.

Florida and California have similar laws.
Assemblyman Neil M. Cohen, a Democrat from Union, a bill sponsor, cited Iranian threats said: “Divesting our finances from entities associated with Iran will send a clear message in the universal language of money that New Jersey will have no part in Iran’s pursuit of actions that would lead to Holocaust-like genocide and the complete destruction of a sovereign nation,”