Disposal of securities.

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  • (1) The administrator may not sell or otherwise liquidate a security until three years after the administrator receives the security and gives the apparent owner notice under Section 67-4a-503 that the administrator holds the security.
  • (2) 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.
  • (3) The administrator may sell a security not listed on an established exchange by any commercially reasonable method.




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