§ 5-10.2-11-1 General assembly findings
§ 5-10.2-11-2 “Board”
§ 5-10.2-11-3 “Boycott, divest from, or sanction Israel activity”
§ 5-10.2-11-4 “Business”
§ 5-10.2-11-5 “Cost of divestment”
§ 5-10.2-11-6 “Direct holdings”
§ 5-10.2-11-7 “Fund”
§ 5-10.2-11-8 “Indirect holdings”
§ 5-10.2-11-9 “Research firm”
§ 5-10.2-11-10 “Restricted business”
§ 5-10.2-11-11 “System”
§ 5-10.2-11-12 Identification of restricted businesses
§ 5-10.2-11-13 Identification of holdings
§ 5-10.2-11-14 Notice to restricted businesses concerning possible divestment
§ 5-10.2-11-15 Compliance by restricted business
§ 5-10.2-11-16 Divestment; exemption for certain passively managed comingled funds
§ 5-10.2-11-17 Acquisition of securities of businesses on restricted business list
§ 5-10.2-11-18 Restricted business excluded from federal sanctions
§ 5-10.2-11-19 Exclusion of indirect holdings in actively managed investment funds
§ 5-10.2-11-20 Investment in private equity partnership
§ 5-10.2-11-21 Report to general assembly
§ 5-10.2-11-22 Expiration of chapter
§ 5-10.2-11-23 Exemption from conflicting statutory or common law obligations
§ 5-10.2-11-24 Cessation of divestment and reinvestment in restricted businesses; report to general assembly
§ 5-10.2-11-25 Immunity; indemnification of the fund and its agents
§ 5-10.2-11-26 Severability
lawyer at desk

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

Terms Used In Indiana Code > Title 5 > Article 10.2 > Chapter 11 - Divestment Related to Boycott of, Divestment from, or Sanctions of Israel

  • 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 5-10.2-11-2
  • business: means any of the following that exist for profit making purposes:

    Indiana Code 5-10.2-11-4

  • 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.
  • 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 5-10.2-11-5

  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • fund: refers to the following:

    Indiana Code 5-10.2-11-7

  • 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 business:

    Indiana Code 5-10.2-11-8

  • 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.
  • research firm: means a reputable, neutral third party research firm not controlled by the system. See Indiana Code 5-10.2-11-9
  • restricted business: means a business that engages in boycott, divest from, or sanction Israel activity. See Indiana Code 5-10.2-11-10
  • system: refers to the Indiana public retirement system established by Indiana Code 5-10.2-11-11
  • 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