Indiana Statutes
§ 5-10.2-11-19 — Exclusion of indirect holdings in actively managed investment funds
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 10.2 PUBLIC RETIREMENT AND DISABILITY·Ch. 11 Divestment Related to Boycott of, Divestment from, or
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
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 5-10.2-11-19 (Exclusion of indirect holdings in actively managed investment funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.177-2016, SEC.1.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" defined