Indiana Statutes
§ 5-10.2-13-18 — Exclusions; investment in similar actively managed investment fund
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 10.2 PUBLIC RETIREMENT AND DISABILITY·Ch. 13 Divestment From Chinese Companies
(a)Except as provided in subsection (b),
the divestment requirements of this chapter do not apply to existing
investments in private market funds.
(b)The requirements of section 11 of this chapter shall apply to
existing investments in private market funds.
(c)Notwithstanding any provision to the contrary, sections 9 and 11
of this chapter do not apply to indirect holdings in actively managed
investment funds.
(d)If a manager creates a similar actively managed investment fund
without the restricted entities, the board shall replace all applicable
investments with investment in the similar actively managed
investment fund in a period consistent with prudent investing
standards.
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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Repealed§ 5-1-10-1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" defined