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Indiana · Snapshot 2026

IC 5-10.2-14-3: "Financial"

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Where this section sits in the code
  1. TITLE 5. STATE AND LOCAL ADMINISTRATION
  2. ARTICLE 10.2. PUBLIC RETIREMENT AND DISABILITY BENEFITS
  3. Chapter 14. ESG Commitment

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.

(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.

Collected 2026-09-02T16:11:39Z. Source file · JSON

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