{"data":{"id":"us-in/ic-5-10.2-13-13","jurisdiction":"us-in","citation":"IC 5-10.2-13-13","heading":"Divestment","body":"Sec. 13. If the board determines after a review under section 12 of this chapter that the system has investments in a restricted entity or a restricted investment product, the board shall establish a plan to divest the investment and complete the divestment as soon as financially prudent. However, the investment must be divested not later than the following:\n(1) At least fifty percent (50%) of the investment shall be removed from a fund's assets within three (3) years after the board discovers that the investment is in a restricted entity or restricted investment product.\n(2) At least seventy-five percent (75%) of the investment shall be removed from a fund's assets within four (4) years after the board discovers that the investment is in a restricted entity or restricted investment product.\n(3) One hundred percent (100%) of the investment shall be removed from a fund's assets within five (5) years after the board discovers that the investment is in a restricted entity or restricted investment product.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 10.2. PUBLIC RETIREMENT AND DISABILITY BENEFITS","Chapter 13. Divestment From Chinese Companies"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-10.2-13-13","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"f003b36567cf19e4752f893a8759715dffbae79e75e8b91007448bc089f30af8","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-13-12","next":"us-in/ic-5-10.2-13-14"},"notice":"GroundRules: Original legal text. Not legal advice."}
