{"data":{"id":"us-in/ic-5-10.2-10-20","jurisdiction":"us-in","citation":"IC 5-10.2-10-20","heading":"Notice to scrutinized company with active business operations","body":"Sec. 20. (a) Each fund (before July 1, 2011) or the board shall send to each scrutinized company:\n(1) that is identified under section 18 of this chapter as one in which a fund has direct or indirect holdings; and\n(2) that has active business operations;\na written notice concerning the contents of this chapter and a statement indicating that a fund's holdings in the company may become subject to divestment by the fund (before July 1, 2011) or system.\n(b) A notice sent under this section must:\n(1) offer the company the opportunity to clarify the company's state sponsor of terror related activities; and\n(2) encourage the company to:\n(A) cease its scrutinized business operations; or\n(B) convert the company's operations to inactive business operations in order to avoid divestment by the fund (before July 1, 2011) or system of a fund's holdings in the company;\nnot later than one hundred eighty (180) days after the date of the notice.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 10.2. PUBLIC RETIREMENT AND DISABILITY BENEFITS","Chapter 10. Divestment From States That Sponsor Terror"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-10.2-10-20","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"ac0ec920e833d8742225ddb8316e95f8f7572fd9e1f29c3f789b075d915335eb","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-10-19","next":"us-in/ic-5-10.2-10-21"},"notice":"GroundRules: Original legal text. Not legal advice."}