Wisconsin § 177.0702 Disposal of securities.

Wisconsin Statutes

§ 177.0702 — Disposal of securities.

Wisconsin § 177.0702

Ch. 177Uniform unclaimed property act

Subch.subch. VII of ch. 177 SUBCHAPTER VII

SALE OF PROPERTY BY ADMINISTRATOR

This text of Wisconsin § 177.0702 (Disposal of securities.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 177.0702 (2026).

Text

0702
0702(1) (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.
0702(2) (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.

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177.0702
177.0702(1) (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.
177.0702(2) (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.