IC 5-10.4-8-8.5: Self-directed brokerage account offering cryptocurrency investment option within the teachers' defined contribution plan

Sec. 8.5. (a) Not later than July 1, 2027, the board shall offer, as a regular investment program within the plan, a self directed brokerage account that offers at least one (1) cryptocurrency investment option.

(b) The board may adopt requirements and rules that apply to a cryptocurrency investment option under a self directed brokerage account offered under subsection (a), including the following:

(1) The board's investment guidelines and limits for the cryptocurrency investment option.

(2) A member's selection of and changes to the member's investment options.

(3) The valuation of a member's account.

(4) The allocation and payment of administrative expenses for the cryptocurrency investment option.

(c) The board shall determine the appropriate administrative fees to be charged to the member accounts.