Sec. 23. Except as provided in sections 24 and 25 of this chapter:

(1) before July 1, 2011, a fund shall not acquire; and

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Terms Used In Indiana Code 5-10.2-10-23

  • active business operations: means all business operations that are not inactive business operations. See Indiana Code 5-10.2-10-2
  • company: means any of the following:

    Indiana Code 5-10.2-10-5

  • fund: refers to the following:

    Indiana Code 5-10.2-10-8

  • system: refers to the Indiana public retirement system established by Indiana Code 5-10.2-10-16.5
(2) after June 30, 2011, the system shall not acquire for a fund;

securities of companies on the scrutinized company list that have active business operations.

As added by P.L.67-2009, SEC.1. Amended by P.L.35-2012, SEC.76.