Ind. Code § 5-10.2-9-23
Notice to scrutinized company with inactive business operations
As added by P.L.149-2007, SEC.3. Amended by P.L.35-2012, SEC.56.
(a) Each fund (before July 1, 2011) or the board shall send to each scrutinized company:
- (1) that is identified under section 22 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 contents of this chapter and a statement encouraging the company to continue to refrain from initiating active business operations in Sudan until the company is able to avoid scrutinized business operations altogether.
- (b) The fund (before July 1, 2011) or board shall continue to correspond on a semiannual basis with scrutinized companies in which a fund has direct or indirect holdings and that have only inactive business operations.
As added by P.L.149-2007, SEC.3. Amended by P.L.35-2012, SEC.56.