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(1) The administrator may not sell or otherwise liquidate a security until three years after the administrator receives the security and gives the apparent owner notice under Section 67-4a-503 that the administrator holds 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.
(3) The administrator may sell a security not listed on an established exchange by any commercially reasonable method.
Cite this article: FindLaw.com - Utah Code Title 67. State Officers and Employees § 67-4a-702. Disposal of securities - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-67-state-officers-and-employees/ut-code-sect-67-4a-702/
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