Indiana Code 5-10.2-10-0.3. General assembly findings
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Sec. 0.3. The general assembly finds the following:
(2) States that are designated as a state sponsor of terror by the Secretary of State of the United States are providing military, financial, political, diplomatic, and organizational aid to known terrorist groups.
(1) Mandatory divestment by the funds of the funds’ holdings in certain companies is a measure that should be employed only under extraordinary circumstances.
Terms Used In Indiana Code 5-10.2-10-0.3
- active business operations: means all business operations that are not inactive business operations. See Indiana Code 5-10.2-10-2
- state sponsor of terror: means a country determined by the Secretary of State of the United States to have repeatedly provided support for acts of international terrorism. See Indiana Code 5-10.2-10-15
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(3) Support for terrorism and the acquisition of weapons of mass destruction represent a grave threat to the security of the United States and to the citizens of Indiana.
(4) The threat from terrorism to the security of the United States and to the citizens of Indiana constitutes the extraordinary circumstances necessary for mandatory divestment by the funds of the funds’ holdings in scrutinized companies with active business operations in a state sponsor of terror.
As added by P.L.220-2011, SEC.76.