Tex. Property Code § 74.405
This is the official text of Tex. Property Code § 74.405, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.
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§ 74.405. DISPOSITION OF SECURITIES.
Official statutory text
(a) The comptroller may sell or otherwise liquidate a security delivered to the comptroller under this chapter.
(b) The comptroller 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 comptroller may sell a security not listed on an established exchange by any commercially reasonable method.
(b) The comptroller 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 comptroller may sell a security not listed on an established exchange by any commercially reasonable method.
Status: in_force · Read it on the official government site
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