Indiana Statutes
§ 5-10.2-13-13 — Divestment
Indiana § 5-10.2-13-13
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 10.2PUBLIC RETIREMENT AND DISABILITY
Ch. 13Divestment From Chinese Companies
This text of Indiana § 5-10.2-13-13 (Divestment) 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 § 5-10.2-13-13 (2026).
Text
If the board determines after a review under section 12 of this chapter that the system has investments in a restricted entity or a restricted investment product, the board shall establish a plan to divest the investment and complete the divestment as soon as financially prudent. However, the investment must be divested not later than the following:
(1)At least fifty percent (50%) of the investment shall be
removed from a fund's assets within three (3) years after the board
discovers that the investment is in a restricted entity or restricted
investment product.
(2)At least seventy-five percent (75%) of the investment shall be
removed from a fund's assets within four (4) years after the board
discovers that the investment is in a restricted entity or restricted
investment product.
(3)On
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Legislative History
As added by P.L.104-2023, 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Repealed§ 5-1-10-1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" definedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 5-10.2-13-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-10.2-13-13.