§ 5-10.2-9-25 — Compliance by a scrutinized company

Indiana § 5-10.2-9-25

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 10.2: PUBLIC RETIREMENT AND DISABILITY
• Ch. 9: Sudan Divestment

Text

(a) If, within ninety (90) days after a fund's
(before July 1, 2011) or the system's first engagement with a company
under section 24 of this chapter, the company ceases scrutinized
business operations, the company shall be removed from a fund's
scrutinized company list and the provisions of sections 26, 27, 28, and
29 of this chapter shall cease to apply to the company unless the
company resumes scrutinized business operations.
(b) If, within ninety (90) days after a fund (before July 1, 2011) or
the system first engages with a company under section 24 of this
chapter, the company converts its scrutinized active business
operations to inactive business operations, the company shall be
subject to the provisions of section 23 of this chapter.

Legislative History

As added by P.L.149-2007, SEC.3. Amended by P.L.35-2012, SEC.58.