Indiana Code 5-10.2-9-33. Exemption from conflicting statutory or common law obligations
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Terms Used In Indiana Code 5-10.2-9-33
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- 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. 33. With respect to actions taken in compliance with this chapter, including all good faith determinations regarding companies on the scrutinized company list, the fund (before July 1, 2011) or system shall be exempt from any conflicting statutory or common law obligations, including any obligations with respect to choice of asset managers, investment funds, or investments for fund securities portfolios.
As added by P.L.149-2007, SEC.3. Amended by P.L.35-2012, SEC.63.