Sec. 0.3. The general assembly finds the following:

(1) Mandatory divestment by the funds of the funds’ holdings in certain companies is a measure that should be employed only under extraordinary circumstances.

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Terms Used In Indiana Code 5-10.2-9-0.3

  • active business operations: means all business operations that are not inactive business operations. See Indiana Code 5-10.2-9-1
  • 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
(2) The Congress and President of the United States have declared that genocide is occurring in the Darfur region of Sudan.

(3) The Sudan crisis represents the first time the government of the United States has labeled ongoing atrocities a genocide.

(4) The situation in Sudan is unique and constitutes the extraordinary circumstances necessary for mandatory divestment by the funds of the funds’ holdings in scrutinized companies with active business operations in Sudan.

As added by P.L.220-2011, SEC.75.