D.C. Code § 41-157.02

Current through codified legislation effective September 18, 2024
Section 41-157.02 - Disposal of securities
(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 section 7031 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.

D.C. Code § 41-157.02

Added by D.C. Law 24-45,§ VII-A-7044, 68 DCR 010163, eff. 11/13/2021.