Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 74.405 - Disposition of Securities(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.Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 52,Sec. 9, eff. 5/18/2021.