Indiana § 5-10.2-9-18 "Scrutinized company"

Indiana Statutes

§ 5-10.2-9-18 — "Scrutinized company"

Indiana § 5-10.2-9-18

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.2PUBLIC RETIREMENT AND DISABILITY

Ch. 9Sudan Divestment

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Bluebook

Ind. Code § 5-10.2-9-18 (2026).

Text

(a)As used in this chapter, "scrutinized company" means a company that meets any of the following criteria:

(1)Both of the following apply to the company:

(A)The company has business operations that involve contracts with or the provision of supplies or services to:

(i)the government of Sudan;

(ii)companies in which the government of Sudan has any direct or indirect equity share;

(iii)consortiums or projects commissioned by the government of Sudan; or

(iv)companies involved in consortiums or projects commissioned by the government of Sudan.

(B)Either:

(i)more than ten percent (10%) of the company's revenues or assets linked to Sudan involve oil related activities or mineral extraction activities, and less than seventy-five percent (75%) of the company's oil related or mineral extr

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(a) As used in this chapter, "scrutinized
company" means a company that meets any of the following criteria:
(1) Both of the following apply to the company:
(A) The company has business operations that involve contracts
with or the provision of supplies or services to:
(i) the government of Sudan;
(ii) companies in which the government of Sudan has any
direct or indirect equity share;
(iii) consortiums or projects commissioned by the
government of Sudan; or
(iv) companies involved in consortiums or projects
commissioned by the government of Sudan.
(B) Either:
(i) more than ten percent (10%) of the company's revenues or
assets linked to Sudan involve oil related activities or mineral
extraction activities, and less than seventy-five percent (75%)
of the company's oil related or mineral extracting revenues or
assets linked to Sudan involve contracts with the regional
government of southern Sudan or a project or consortium
created exclusively by the regional government, and the
company has failed to take substantial action; or
(ii) more than ten percent (10%) of the company's revenues
or assets linked to Sudan involve power production activities
and less than seventy-five percent (75%) of the company's
power production activities include projects that are intended
to provide power or electricity to the marginalized
populations of Sudan, and the company has failed to take
substantial action.
(2) The company is complicit in the Darfur genocide.
(3) The company supplies military equipment within Sudan,
unless the company implements safeguards to prevent the use of
the equipment by forces actively participating in armed conflict
in Sudan. This subdivision does not apply to companies involved
in the sale of military equipment solely to the regional
government of southern Sudan or any internationally recognized
peacekeeping force or humanitarian organization.
(b) The term does not include a social development company that
is not complicit in the Darfur genocide.