{"data":{"id":"us-tx/tex.-property-code-74.405","jurisdiction":"us-tx","citation":"Tex. Property Code § 74.405","heading":"DISPOSITION OF SECURITIES.","body":"(a) The comptroller may sell or otherwise liquidate a security delivered to the comptroller under this chapter.\n(b) The comptroller 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 comptroller may sell a security not listed on an established exchange by any commercially reasonable method.\nAdded by Acts 2021, 87th Leg., R.S., Ch. 52 (H.B. 1514), Sec. 9, eff. May 18, 2021.","path":["PROPERTY CODE","TITLE 6. UNCLAIMED PROPERTY","CHAPTER 74. REPORT, DELIVERY, AND CLAIMS PROCESS","SUBCHAPTER E. DISPOSITION OF DELIVERED PROPERTY"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.74.htm#74.405","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"13ec666ca99f54d2d2fb5e3dd0a9e895320070725cddaf79147a859c6223c7db","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-74.404","next":"us-tx/tex.-property-code-74.501"},"notice":"GroundRules: Original legal text. Not legal advice."}