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
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
5-13-10.5-4. 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