D.C. Code § 41-157.02: Disposal of securities.
Where this section sits in the code
- Title 41. Personal Property.
- Chapter 1A. Revised Uniform Unclaimed Property Act.
- Subchapter VII. Sale of Property by Administrator.
(a)
The Administrator may not sell or otherwise liquidate a security until 60 days after the Administrator receives the security and gives the apparent owner notice under § 41-155.03 that the Administrator holds the security.
(b)
The Administrator may not sell a security listed on an established stock exchange for less than the price prevailing on the exchange at the time of sale. The Administrator may sell a security not listed on an established exchange by any commercially-reasonable method.
Collected 2026-08-29T05:44:07Z. Source file · JSON