2024 Indiana Code
Title 5. State and Local Administration
Article 10.2. Public Retirement and Disability Benefits
Chapter 13. Divestment From Chinese Companies
5-10.2-13-1. General Assembly Findings
Sec. 1. The general assembly finds the following:
(1) Mandatory divestment by the system of fund holdings in entities and investment products is a measure that should be employed only under extraordinary circumstances.
(2) The People's Republic of China has both the motivation and capability to interfere with and impose economic, political, or military harm on the United States and its people.
(3) Economic support for and investment in Chinese entities unnecessarily increase the risk to the security and welfare of the United States and the people of Indiana.
(4) The threat from these entities constitutes the extraordinary circumstances necessary for mandatory divestment by the system of the fund holdings in restricted entities and restricted investment products.
As added by P.L.104-2023, SEC.1.