Sec. 3. (a) As used in this chapter, “financial” means a prudent determination by a fiduciary to have a material effect on the monetary risk or the monetary return of an investment.

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Terms Used In Indiana Code 5-10.2-14-3

  • Fiduciary: A trustee, executor, or administrator.
     (b) The term does not include an action taken or a factor considered by a fiduciary with the nonfinancial purpose to further social, political, or ideological interests as set forth in section 2 of this chapter.

As added by P.L.206-2023, SEC.1.