Indiana Code > Title 5 > Article 10.2 > Chapter 10 – Divestment From States That Sponsor Terror
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Terms Used In Indiana Code > Title 5 > Article 10.2 > Chapter 10 - Divestment From States That Sponsor Terror
- active business operations: means all business operations that are not inactive business operations. See Indiana Code 5-10.2-10-2
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- board: refers to the board of trustees of the Indiana public retirement system established by Indiana Code 5-10.2-10-3
- business operations: means engaging in any commerce in any form in a state that sponsors terror. See Indiana Code 5-10.2-10-4
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- company: means any of the following:
Indiana Code 5-10.2-10-5
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- cost of divestment: means the sum of the following:
Indiana Code 5-10.2-10-6
- fund: refers to the following:
Indiana Code 5-10.2-10-8
- inactive business operations: means the mere continued holding or renewal of rights to property previously operated to generate revenues but not presently deployed for that purpose. See Indiana Code 5-10.2-10-9
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- indirect holdings: means all securities of a company that are:
Indiana Code 5-10.2-10-10
- Member: as used in this article means a member of the Indiana state teachers' retirement fund or of the public employees' retirement fund. See Indiana Code 5-10.2-1-4
- military equipment: means weapons, arms, or military defense supplies provided directly or indirectly to any force of a state sponsor of terror. See Indiana Code 5-10.2-10-10.2
- mineral extraction activities: means the exploration, extraction, processing, transporting, or wholesale sale of elemental minerals or associated metals or oxides, including:
Indiana Code 5-10.2-10-10.4
- oil related activities: includes :
Indiana Code 5-10.2-10-10.6
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- power production activities: means any business operation that involves a project commissioned by a state sponsor of terror whose purpose is to facilitate power generation and delivery. See Indiana Code 5-10.2-10-10.8
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- scrutinized business operations: means business operations that have caused a company to become a scrutinized company. See Indiana Code 5-10.2-10-12
- scrutinized company: means a company that meets any of the following criteria:
Indiana Code 5-10.2-10-13
- social development company: means a company that is:
Indiana Code 5-10.2-10-14
- 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
- system: refers to the Indiana public retirement system established by Indiana Code 5-10.2-10-16.5
- 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
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5