Indiana Statutes
§ 5-10.2-14-8 — Prohibited actions
Indiana § 5-10.2-14-8
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 10.2PUBLIC RETIREMENT AND DISABILITY
Ch. 14ESG Commitment
This text of Indiana § 5-10.2-14-8 (Prohibited actions) 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 § 5-10.2-14-8 (2026).
Text
(a)Except as otherwise provided by law, the
board may not make an investment decision with the purpose of:
(1)influencing any social or environmental policy; or
(2)attempting to influence the governance of any corporation for
nonfinancial purposes.
(b)Except as otherwise provided by law, the system is prohibited
from making an ESG commitment with respect to system assets,
including without limitation in the selection of investments, selection
of investment managers, management or oversight of investments,
proxy voting, or shareholder engagement.
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Legislative History
As added by P.L.206-2023, 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Repealed§ 5-1-10-1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 § 5-10.2-14-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-10.2-14-8.