Sec. 20. This chapter does not apply directly to private equity funds. However, the board shall ensure that reasonable efforts are made during the due diligence process before an investment is made in a private equity partnership to determine whether any investments by the private equity general partner on behalf of the private equity partnership include a restricted business.
As added by P.L.177-2016, SEC.1.
Structure Indiana Code
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
5-10.2-11-1. General Assembly Findings
5-10.2-11-3. "Boycott, Divest From, or Sanction Israel Activity"
5-10.2-11-5. "Cost of Divestment"
5-10.2-11-6. "Direct Holdings"
5-10.2-11-8. "Indirect Holdings"
5-10.2-11-10. "Restricted Business"
5-10.2-11-12. Identification of Restricted Businesses
5-10.2-11-13. Identification of Holdings
5-10.2-11-14. Notice to Restricted Businesses Concerning Possible Divestment
5-10.2-11-15. Compliance by Restricted Business
5-10.2-11-16. Divestment; Exemption for Certain Passively Managed Comingled Funds
5-10.2-11-17. Acquisition of Securities of Businesses on Restricted Business List
5-10.2-11-18. Restricted Business Excluded From Federal Sanctions
5-10.2-11-19. Exclusion of Indirect Holdings in Actively Managed Investment Funds
5-10.2-11-20. Investment in Private Equity Partnership
5-10.2-11-21. Report to General Assembly
5-10.2-11-22. Expiration of Chapter
5-10.2-11-23. Exemption From Conflicting Statutory or Common Law Obligations
5-10.2-11-25. Immunity; Indemnification of the Fund and Its Agents