Indiana § 5-10.2-10-13 "Scrutinized company"

Indiana Statutes

§ 5-10.2-10-13 — "Scrutinized company"

Indiana § 5-10.2-10-13

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.2PUBLIC RETIREMENT AND DISABILITY

Ch. 10Divestment From States That Sponsor Terror

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Bluebook

Ind. Code § 5-10.2-10-13 (2026).

Text

(a)As used in this chapter, "scrutinized company" means a company that meets any of the following criteria:

(1)Both of the following apply to the company:

(A)The company has business operations that involve contracts with or the provision of supplies or services to:

(i)a state sponsor of terror;

(ii)companies in which a state sponsor of terror has any direct or indirect equity share;

(iii)consortiums or projects commissioned by a state sponsor of terror; or

(iv)companies involved in consortiums or projects commissioned by a state sponsor of terror.

(B)Either:

(i)more than ten percent (10%) of the company's revenues or assets is linked to a state sponsor of terror involve oil related activities or mineral extraction activities; or

(ii)more than ten percent (10%) of the company's r

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(a) As used in this chapter, "scrutinized
company" means a company that meets any of the following criteria:
(1) Both of the following apply to the company:
(A) The company has business operations that involve contracts
with or the provision of supplies or services to:
(i) a state sponsor of terror;
(ii) companies in which a state sponsor of terror has any
direct or indirect equity share;
(iii) consortiums or projects commissioned by a state sponsor
of terror; or
(iv) companies involved in consortiums or projects
commissioned by a state sponsor of terror.
(B) Either:
(i) more than ten percent (10%) of the company's revenues or
assets is linked to a state sponsor of terror involve oil related
activities or mineral extraction activities; or
(ii) more than ten percent (10%) of the company's revenues
or assets is linked to a state sponsor of terror involve power
production activities.
(2) The company supplies military equipment to a state sponsor
of terror, unless the company implements safeguards to prevent
the use of the equipment by forces actively participating in an
armed conflict in a state sponsor of terror. This subdivision does
not apply to companies involved in the sale of military equipment
solely to any internationally recognized peacekeeping force or
humanitarian organization.
(b) The term does not include a social development company.