(a) Each fund (before July 1, 2011) or the board shall send to each scrutinized company:(1) that is identified under section 18 of this chapter as one in which a fund has direct or indirect holdings; and(2) that has only inactive business operations;a written notice concerning the provisions of this chapter and a statement encouraging the company to continue to refrain from initiating active business operations in a state sponsor of terror until the company is able to avoid scrutinized business operations altogether.(b) Each fund (before July 1, 2011) or the board shall continue to correspond on a semiannual basis with scrutinized companies:(1) in which a fund has direct or indirect holdings; and(2) that have only inactive business operations.As added by P.L.67-2009, SEC.1. Amended by P.L.35-2012, SEC.72.
Indiana Legal Code