D.C. Code § 41-157.02

Disposal of securities.

Effective Nov 13, 2021Nov. 13, 2021, D.C. Law 24-45, § 7044
  1. (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 § 41-155.03 that the Administrator holds the security.
  2. (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.

History

Nov. 13, 2021, D.C. Law 24-45, § 7044

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