{"data":{"id":"us-in/ic-5-10.2-14-3","jurisdiction":"us-in","citation":"IC 5-10.2-14-3","heading":"\"Financial\"","body":"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.\n(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.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 10.2. PUBLIC RETIREMENT AND DISABILITY BENEFITS","Chapter 14. ESG Commitment"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-10.2-14-3","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"eb8efe0dba2baa5186330304e191e1023f87bed58f0bd08dffd177d1348d49fd","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-14-2","next":"us-in/ic-5-10.2-14-4"},"notice":"GroundRules: Original legal text. Not legal advice."}