2-10-11). However, the board shall:(1) ensure that reasonable efforts are made during the due diligence process before an investment is made and in monitoring investments in:(A) the public employees' defined contribution plan established under IC 5-10.3-12;(B) an annuity savings account for the public employees' retirement fund established under IC 5-10.2-2-2(a)(1);(C) the teachers' defined contribution plan established under IC 5-10.4-8;(D) an annuity savings account for the Indiana state teachers' retirement fund established under IC 5-10.2-2-2(c)(1);(E) the legislators' defined contribution plan established under IC 2-3.5-5; or(F) a private market fund (as defined in IC 5-10.2-10-11);to determine whether any investments would violate section 9 of this chapter; and(2) take appropriate action, if necessary, consistent with the board's fiduciary duties.As added by P.L.206-2023, SEC.1.
Indiana Legal Code