Sec. 5. As used in this chapter, “cost of divestment” means the sum of the following:

(1) The costs associated with the sale, redemption, divestment, or withdrawal of an investment.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 5-10.2-11-5

(2) The costs associated with the acquisition and maintenance of a replacement investment.

(3) A cost not described in subdivision (1) or (2) that is incurred by the system in connection with a divestment transaction.

As added by P.L.177-2016, SEC.1.