"Cost of Divestment"

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Sec. 5. As used in this chapter, "cost of divestment" means the sum of the following:

(1) The costs associated with the sale, redemption, divestment, or withdrawal of an investment.

(2) The costs associated with the acquisition and maintenance of a replacement investment.

(3) A cost not described in subdivision (1) or (2) that is incurred by the system in connection with a divestment transaction.

As added by P.L.177-2016, SEC.1.


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