| 2. Securities. Securities listed on an established stock |
exchange must be sold at prices prevailing on the exchange at |
the time of sale. Other securities may be sold over the |
counter at prices prevailing at the time of sale or by any |
reasonable method selected by the administrator. If |
securities are sold by the administrator before the expiration |
of 3 years one year after their delivery to the |
administrator, a person making a claim under this Act before |
the end of the 3-year one-year period is entitled to the |
proceeds of the sale of the securities or the market value of |
the securities at the time the claim is made, whichever is |
greater, plus dividends, interest and other increments thereon |
up to the time the claim is made, less any deduction for |
expenses of sale. A person making a claim under this Act |
after the expiration of the 3-year one-year period is |
entitled to receive the securities delivered to the |
administrator by the holder, if they still remain in the |
custody of the administrator, or the net proceeds received |
from sale and is not entitled to receive any appreciation in |
the value of the property occurring after delivery to the |
administrator, except in a case of intentional misconduct or |
malfeasance by the administrator. |