Indiana Code
Chapter 10.5. State Investments
5-13-10.5-4. Protection of Interests of Funds

Sec. 4. A public officer making an investment under this chapter may sell any securities acquired and may take any action necessary to protect the interests of the funds invested, including the exercise of exchange privileges that may be granted with respect to maturing securities if the new securities offered in exchange meet the requirements for initial investment.
As added by P.L.18-1996, SEC.23.

Structure Indiana Code

Indiana Code

Title 5. State and Local Administration

Article 13. Investment of Public Funds

Chapter 10.5. State Investments

5-13-10.5-0.3. Legalization of Certain Actions

5-13-10.5-1. Applicability of Chapter

5-13-10.5-2. Authorization for Investment and Reinvestment of Funds

5-13-10.5-3. Final Maturity; Percentage of Investments Outstanding; Investment Advisers and Money Managers; Investment of Money From Transportation Corridor Fund

5-13-10.5-4. Protection of Interests of Funds

5-13-10.5-5. Legal Custodian; Safekeeping Receipts

5-13-10.5-6. Restrictions on Public Officers

5-13-10.5-7. Investment in Securities; Cost in Excess of Par

5-13-10.5-8. Investment in Deposit Accounts

5-13-10.5-9. Investment in Repurchase or Resale Agreements; Collateral

5-13-10.5-10. Investment in Obligations Issued; Assumed or Guaranteed by Supranational Issuers

5-13-10.5-11. Investment in Other Obligations

5-13-10.5-11.5. Treasurer of State May Invest

5-13-10.5-12. Investment in Participations in Loans

5-13-10.5-13. Lending Securities

5-13-10.5-14. Designation of Fund

5-13-10.5-15. Public Depository Insurance Assessment

5-13-10.5-16. Interest From Investments

5-13-10.5-17. Service Charge

5-13-10.5-18. Investment in Capital Improvement Board Obligations; Application; Terms of Investment; Payments to Bid Fund; Discharge of Unpaid Interest Under Certain Conditions

5-13-10.5-19. Investment in Capital Improvement Board Obligations; Repayment Using Restricted Deposits and Certain Tax Revenue; Terms

5-13-10.5-20. Rail Project Financing; Bond Issuance; Lease Back; Term of Bonds; Capital Investment Grant; Expiration