LD 2220
pg. 25
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LR 3659
Item 1

 
circulation in the county in which the property is to be sold
the State.

 
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.

 
Notwithstanding this subsection, the administrator may sell
the securities of any single issue whose custodial costs are
likely to exceed its value anytime 90 days or more after they
have been advertised pursuant to section 1960.__A person
making a claim under this Act after these securities have been
sold is only entitled to the net proceeds received from the
sale.

 
PART Y

 
Sec. Y-1. 30-A MRSA §5681, sub-§5, ¶¶A and B, as amended by PL 2001, c.
559, Pt. G, §1, are further amended to read:

 
A. For months beginning before May July 1, 2003, 5.1%;
and

 
B. For months beginning on or after May July 1, 2003,
5.2%.

 
PART Z

 
Sec. Z-1. 36 MRSA §1760, sub-§31, ¶A, as amended by PL 2001, c. 709,
§1, is further amended to read:

 
A. For use by the purchaser directly and primarily in the
production of tangible personal property intended to be
sold or leased ultimately for final use or consumption or
in the


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