§ 5-10.2-13-1 — General assembly findings

Indiana § 5-10.2-13-1

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 10.2: PUBLIC RETIREMENT AND DISABILITY
• Ch. 13: Divestment From Chinese Companies

Text

The general assembly finds the following:
(1) Mandatory divestment by the system of fund holdings in
entities and investment products is a measure that should be
employed only under extraordinary circumstances.
(2) The People's Republic of China has both the motivation and
capability to interfere with and impose economic, political, or
military harm on the United States and its people.
(3) Economic support for and investment in Chinese entities
unnecessarily increase the risk to the security and welfare of the
United States and the people of Indiana.
(4) The threat from these entities constitutes the extraordinary
circumstances necessary for mandatory divestment by the system
of the fund holdings in restricted entities and restricted
investment products.

Legislative History

As added by P.L.104-2023, SEC.1.