Indiana Statutes

§ 5-10.2-11-19 — Exclusion of indirect holdings in actively managed investment funds

Indiana § 5-10.2-11-19
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 10.2PUBLIC RETIREMENT AND DISABILITY
Ch. 11Divestment Related to Boycott of, Divestment from, or

This text of Indiana § 5-10.2-11-19 (Exclusion of indirect holdings in actively managed investment funds) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 5-10.2-11-19 (2026).

Text

Notwithstanding any provision to the contrary, sections 16 and 17 of this chapter do not apply to indirect holdings in actively managed investment funds. However, if a fund has indirect holdings in an actively managed investment fund containing the securities of restricted businesses, the board shall submit letters to the managers of the actively managed investment fund requesting that the managers remove the restricted businesses from the actively managed investment fund or create a similar actively managed investment fund with indirect holdings without restricted businesses. If the managers create a similar actively managed investment fund, the board shall replace all applicable investments with investments in the similar actively managed investment fund in a period consistent with prude

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Legislative History

As added by P.L.177-2016, SEC.1.

Nearby Sections

15
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Bluebook (online)
Indiana § 5-10.2-11-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-10.2-11-19.