Current through the 2023 Legislative Sessions
Section 47-30.2-41 - (702) Disposal of securities1. The administrator may not sell or otherwise liquidate a security until three years after the administrator receives 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. The administrator may sell a security not listed on an established exchange by any commercially reasonable method.Added by S.L. 2021, ch. 337 (SB 2048),§ 17, eff. 7/1/2021.