As used in this chapter, 'direct holdings' means all securities of a company held directly by a fund (before July 1, 2011) or the system on behalf of a fund or in an account in which the fund (before July 1, 2011) or the system on behalf of the fund owns all shares or interests.As added by P.L.67-2009, SEC.1. Amended by P.L.35-2012, SEC.67.
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