§ 5-10.2-10-21 — Compliance by a scrutinized company

Indiana § 5-10.2-10-21

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

Text

(a) If, within one hundred eighty (180)
days after a fund (before July 1, 2011) or the system first sends written
notice to a company under section 20 of this chapter, the company
ceases scrutinized business operations, the company shall be removed
from a fund's scrutinized company list, and sections 22, 23, 24, and 25
of this chapter do not apply to the company unless the company
resumes scrutinized business operations.
(b) If, within one hundred eighty (180) days after a fund (before July
1, 2011) or the system first sends written notice to a company under
section 20 of this chapter, the company converts its scrutinized active
business operations to inactive business operations, the company is
subject to section 19 of this chapter.

Legislative History

As added by P.L.67-2009, SEC.1. Amended by P.L.35-2012, SEC.74.