Indiana Statutes

§ 5-10.2-10-10 — "Indirect holdings"

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 10.2 PUBLIC RETIREMENT AND DISABILITY·Ch. 10 Divestment From States That Sponsor Terror

As used in this chapter, "indirect holdings" means all securities of a company that are:

(1)held in an account or a fund; and
(2)managed by one (1) or more persons:
(A)who are not employed by the fund (before July 1, 2011) or system; and
(B)in which the fund (before July 1, 2011) or the system on behalf of the fund owns shares or interests together with other investors not subject to this chapter.

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Legislative History

As added by P.L.67-2009, SEC.1. Amended by P.L.35-2012, SEC.68.

Nearby Sections

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