(1) As used in this part:(1) “Board” means the board of trustees for the Tennessee consolidated retirement system;(2) “China” means the government of the People's Republic of China, the Chinese Communist Party, the Chinese military, or any instrumentality thereof;(3) “Company” means a sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, limited liability company, or another entity or business association, including all wholly owned subsidiaries, majority-owned subsidiaries, and parent companies, or an affiliate of such entity or business association that exists for the purpose of making a profit;(4) “Direct holdings” means, in a company, all public securities with a number assigned by the Committee on Uniform Securities Identification Procedures (CUSIP) or the International Securities Identification Numbers Organization (ISIN) that are held directly by the retirement system or a political subdivision pension plan, except as provided in subdivision (7), or in an account or fund in which the retirement system or a political subdivision pension plan owns all shares or interests;(5) “Divest” means a sale, redemption, replacement, or another activity that terminates an investment;(6) “Governing body” means the body that has oversight and control over a political subdivision pension plan;(7) “Indirect holdings” means, in a company, all securities of that company that are held in a commingled fund or other collective investment, including, but not limited to, private equity funds, strategic lending funds, mutual funds, and exchange traded funds, in which the retirement system or a political subdivision pension plan owns shares or interests, together with other investors not subject to this part;(8) “Investment activity” means investing, reinvesting, or lending the funds of the retirement system or a political subdivision pension plan;(9) “Majority-owned” means to have ownership of more than fifty percent (50%) of the outstanding equity interests of a company;(10) “Political subdivision pension plan” means a defined benefit pension plan established and maintained by a political subdivision and subject to chapter 3, part 5 of this title;(11) “Restricted entity” means a company that is known through publicly available information to be majority-owned by China;(12) “Restricted investment” means the investment activity of the retirement system or a political subdivision pension plan in a restricted entity; and(13) “Retirement system” means the Tennessee consolidated retirement system defined benefit pension plan.
(1) “Board” means the board of trustees for the Tennessee consolidated retirement system;
(2) “China” means the government of the People's Republic of China, the Chinese Communist Party, the Chinese military, or any instrumentality thereof;
(3) “Company” means a sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, limited liability company, or another entity or business association, including all wholly owned subsidiaries, majority-owned subsidiaries, and parent companies, or an affiliate of such entity or business association that exists for the purpose of making a profit;
(4) “Direct holdings” means, in a company, all public securities with a number assigned by the Committee on Uniform Securities Identification Procedures (CUSIP) or the International Securities Identification Numbers Organization (ISIN) that are held directly by the retirement system or a political subdivision pension plan, except as provided in subdivision (7), or in an account or fund in which the retirement system or a political subdivision pension plan owns all shares or interests;
(5) “Divest” means a sale, redemption, replacement, or another activity that terminates an investment;
(6) “Governing body” means the body that has oversight and control over a political subdivision pension plan;
(7) “Indirect holdings” means, in a company, all securities of that company that are held in a commingled fund or other collective investment, including, but not limited to, private equity funds, strategic lending funds, mutual funds, and exchange traded funds, in which the retirement system or a political subdivision pension plan owns shares or interests, together with other investors not subject to this part;
(8) “Investment activity” means investing, reinvesting, or lending the funds of the retirement system or a political subdivision pension plan;
(9) “Majority-owned” means to have ownership of more than fifty percent (50%) of the outstanding equity interests of a company;
(10) “Political subdivision pension plan” means a defined benefit pension plan established and maintained by a political subdivision and subject to chapter 3, part 5 of this title;
(11) “Restricted entity” means a company that is known through publicly available information to be majority-owned by China;
(12) “Restricted investment” means the investment activity of the retirement system or a political subdivision pension plan in a restricted entity; and
(13) “Retirement system” means the Tennessee consolidated retirement system defined benefit pension plan.