{"data":{"id":"us-in/ic-5-10.2-11-12","jurisdiction":"us-in","citation":"IC 5-10.2-11-12","heading":"Identification of restricted businesses","body":"Sec. 12. (a) Not later than January 31, 2017, the board shall make a good faith effort to identify all restricted businesses in which a fund has direct or indirect holdings.\n(b) In carrying out its responsibilities under subsection (a), and at the board's discretion, the board may use existing research or contract with a research firm.\n(c) The board or a research firm with which the board contracts under subsection (b) may take any of the following actions to determine a business's connections with respect to boycott, divest from, or sanction Israel activity:\n(1) Review publicly available information regarding businesses.\n(2) Contact other institutional investors that invest in businesses.\n(3) Contact asset managers that invest in businesses and are contracted by a fund.\n(d) Not later than the first meeting of the board after January 31, 2017, the board shall compile the names of all restricted businesses into a restricted business list.\n(e) The board shall update the restricted business list at least on an annual basis based on evolving information from sources described in subsections (b) and (c).","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 10.2. PUBLIC RETIREMENT AND DISABILITY BENEFITS","Chapter 11. Divestment Related to Boycott of, Divestment from, or Sanctions of Israel"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-10.2-11-12","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"b6b900e7514d814b0d38a9b0772c86f1ee715f7c843eb5ff2219912c1b8b53ee","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-11-11","next":"us-in/ic-5-10.2-11-13"},"notice":"GroundRules: Original legal text. Not legal advice."}