Notwithstanding the prudent-man rule, a system board of trustees may but is not required to divest itself of any holding in a company having facilities or employees, or both, located in a prohibited nation as that term is defined in R.S. 11:312(B)(2).
R.S. 11:313 active rs title
Prudent-man rule; investments ACTIVE
Actions
References
Cited by
None.
History
- enactment Acts 2007, No. 352, §1