Terms Used In Indiana Code 5-10.2-9-27

  • active business operations: means all business operations that are not inactive business operations. See Indiana Code 5-10.2-9-1
  • company: means any of the following:

    Indiana Code 5-10.2-9-4

  • fund: refers to the following:

    Indiana Code 5-10.2-9-8

  • system: refers to the Indiana public retirement system established by Indiana Code 5-10.2-9-20.5
   Sec. 27. Except as provided in sections 28 and 29 of this chapter, a fund (before July 1, 2011) or 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.149-2007, SEC.3. Amended by P.L.35-2012, SEC.60.