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Home » US Law » 2022 Indiana Code » Title 5. State and Local Administration » Article 10.2. Public Retirement and Disability Benefits » Chapter 11. Divestment Related to Boycott Of, Divestment From, or Sanctions of Israel

5-10.2-11-4. “Business”

Sec. 4. (a) As used in this chapter, “business” means any of the following that exist for profit making purposes: (1) A sole proprietorship. (2) An organization. (3) An association. (4) A corporation. (5) A partnership. (6) A joint venture. (7) A limited partnership. (8) A limited liability partnership. (9) A limited liability company. (10) […]

5-10.2-11-5. “Cost of Divestment”

Sec. 5. As used in this chapter, “cost of divestment” means the sum of the following: (1) The costs associated with the sale, redemption, divestment, or withdrawal of an investment. (2) The costs associated with the acquisition and maintenance of a replacement investment. (3) A cost not described in subdivision (1) or (2) that is […]

5-10.2-11-6. “Direct Holdings”

Sec. 6. As used in this chapter, “direct holdings” means all securities of a business held directly by the system on behalf of a fund or in an account in which the system on behalf of a fund owns all shares or interests. As added by P.L.177-2016, SEC.1.

5-10.2-11-7. “Fund”

Sec. 7. As used in this chapter, “fund” refers to the following: (1) The Indiana state teachers’ retirement fund. (2) The public employees’ retirement fund. As added by P.L.177-2016, SEC.1.

5-10.2-11-8. “Indirect Holdings”

Sec. 8. As used in this chapter, “indirect holdings” means all securities of a business: (1) held in an account or a fund; and (2) managed by one (1) or more persons not employed by the system, in which the system owns shares or interests on behalf of a fund together with other investors not […]

5-10.2-11-9. “Research Firm”

Sec. 9. As used in this chapter, “research firm” means a reputable, neutral third party research firm not controlled by the system. As added by P.L.177-2016, SEC.1.