Ind. Code § 5-10.2-14-3
"Financial"
Indiana · Indiana Code Title 5 — State and Local Administration · Status: effective
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- Ind. Code § 5-10.2-14-3, "Financial", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1607641
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Full text
Sec. 3.
(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.