Current through Acts 2023-2024, ch. 272
Section 177.0702 - Disposal of securities(1) Unless the administrator determines that it is in the best interest of this state to do otherwise, the administrator shall hold all securities for at least one year before selling them.(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 Acts 2021 ch, 87,s 105, eff. 11/7/2021.