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