IC 5-10.2-14-3: "Financial"
Where this section sits in the code
- TITLE 5. STATE AND LOCAL ADMINISTRATION
- ARTICLE 10.2. PUBLIC RETIREMENT AND DISABILITY BENEFITS
- 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