Indiana Code 5-10.2-9-6. “Cost of divestment”
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Sec. 6. As used in this chapter, “cost of divestment” means the sum of the following:
(2) The costs associated with the acquisition and maintenance of a replacement investment.
(1) The costs associated with the sale, redemption, divestment, or withdrawal of an investment.
Terms Used In Indiana Code 5-10.2-9-6
- 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
(3) A cost not described in subdivision (1) or (2) that is incurred by the fund (before July 1, 2011) or system in connection with a divestment transaction.
As added by P.L.149-2007, SEC.3. Amended by P.L.35-2012, SEC.49.