Sec. 14. (a) The board shall send to each restricted business that is identified under section 13 of this chapter as a business in which a fund has direct or indirect holdings a written notice concerning the contents of this chapter and a statement indicating that the fund's holdings in the business may become subject to divestment by the system.
(b) A notice sent under this section must:
(1) offer the business the opportunity to clarify the business's boycott, divest from, or sanction Israel activity; and
(2) encourage the business, within ninety (90) days after the date of the written notice, to cease its boycott, divest from, or sanction Israel activity to avoid divestment by the system of the fund's holdings in the business.
As added by P.L.177-2016, SEC.1.
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