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Indiana Code Title 5. State and Local Administration § 5-10.2-14-8

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 8. (a) Except as otherwise provided by law, the board may not make an investment decision with the purpose of:

(1) influencing any social or environmental policy;  or

(2) attempting to influence the governance of any corporation for nonfinancial purposes.

(b) Except as otherwise provided by law, the system is prohibited from making an ESG commitment with respect to system assets, including without limitation in the selection of investments, selection of investment managers, management or oversight of investments, proxy voting, or shareholder engagement.

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Cite this article: FindLaw.com - Indiana Code Title 5. State and Local Administration § 5-10.2-14-8 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-5-state-and-local-administration/in-code-sect-5-10-2-14-8/

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