Ind. Code § 5-10.2-14-3

Current through P.L. 171-2024
Section 5-10.2-14-3 - "Financial"
(a) As used in this chapter, "financial" means a prudent determination by a fiduciary to have a material effect on the monetary risk or the monetary return of an investment.
(b) The term does not include an action taken or a factor considered by a fiduciary with the nonfinancial purpose to further social, political, or ideological interests as set forth in section 2 of this chapter.

IC 5-10.2-14-3

Added by P.L. 206-2023,SEC. 1, eff. 7/1/2023.